[ad_1] Generative AI utilization is a table stake for financial services industry leaders looking to improve customer experience, internal processes and risk management. According to a...
[ad_1] Challenger bank Dave launched its generative AI-driven chatbot last week and is exploring multiple uses of the technology. “DaveGPT is the next generation of our...
[ad_1] The European Parliament and European Council reached a deal Friday on AI regulation to protect consumers from high-risk uses of the technology while promoting innovation...
[ad_1] Major banks’ tech spend continued to climb in 2023 as financial institutions invested in AI to add efficiencies, train employees and jump-start innovation. Bank of...
[ad_1] As AI in the banking industry continues to grow, financial institutions must be confident in the accuracy and security of the technology, according to the...
[ad_1] NatWest’s generative AI team is looking at hundreds of applications for the technology throughout the bank, and categorizing the use cases is part of the...
[ad_1] Goldman Sachs is looking to generative AI for developer assistance, including coding purposes, and for lead generation among client-facing operations, Chief Financial Officer Denis Coleman...
[ad_1] The UK has started consulting on its proposals to oversee the cloud computing and data analytics services that banks depend on, a push that could...
[ad_1] Citibank is looking to reduce manual processing risk and costs by utilizing document processing company, Traydstream to automate document information processing and document creation. “The...
[ad_1] Opinions expressed by Entrepreneur contributors are their own. This story originally appeared on Under30CEO.com Gary Vaynerchuk (aka Gary Vee) is an entrepreneur and marketing expert...
[ad_1] Bank of America expects to spend $3.8 billion on technology development in 2024 as its overall spending increases due to investment in people, incentive compensation...
[ad_1] Banks using generative artificial intelligence tools could boost their earnings by as much as $340 billion annually through increased productivity, according to consultants hoping to...
[ad_1] The sister of murder victim Lynn Cannon has joined thousands marching against family and domestic violence through Perth’s CBD, saying: “We have to speak out...
[ad_1] BNP Paribas aims to develop 1,000 AI use cases by 2025. The $2.6 trillion, Paris-based bank has been using AI for years and already has...
[ad_1] Digital lending startup funding drove global fintech funding rounds during the third quarter as automated lending strategies gained investor attention. Funding for these startups reached...
[ad_1] BMO Financial Group completed the conversion of Bank of the West customer accounts to BMO operating systems during its fiscal fourth quarter. “We closed and...
[ad_1] Royal Bank of Canada is set to close its CA$13.5 billion ($10 billion) all-cash acquisition of HSBC Canada in the first quarter of next year...
[ad_1] There are very few things you can create once and then sell thousands of times over. Most businesses aren’t a fish and loaves situation. But...
[ad_1] Technology providers Alkami, Finastra and Temenos all brought on new financial institution customers in the third quarter as demand for cloud-based solutions and digital banking...
[ad_1] Apple and Goldman Sachs are parting ways on the Apple Card and the tech giant will be in the market for a new issuer —...