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[ad_1] While the Consumer Financial Protection Bureau plans to step up enforcement action in the lending sector, the federal watchdog has yet to implement measures laid out in...
[ad_1] Deutsche Bank completed the IT migration of financial institution Postbank to its network during the third quarter and has decided to shutter nearly half of...
[ad_1] Financial institutions are on the hunt for AI talent as AI, machine learning, natural language processing and generative AI continue to gain importance in bank...
[ad_1] U.S. Bank’s investment in digitalization has enabled it to reach beyond its branch network as it plans to expand to seven new markets. The...
[ad_1] Bank of America’s private bank leads in digital adoption, with 92% of its clients using digital capabilities. The private bank has the “highest level of...
[ad_1] Major U.S. banks invested in AI and automation while pulling back on headcount as cost reductions remained a priority during the third quarter. Bank of...
[ad_1] Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers an intelligence tool that tracks...
[ad_1] Financial institutions are identifying AI uses within their operations for coding, documentation and underwriting. Chase Auto National Credit Director Anne Alburo discussed use cases and...
[ad_1] Financial services company Morgan Stanley appointed Ted Pick as its new chief executive Wednesday. Effective Jan. 1, 2024, Pick replaces James Gorman, who has helmed...
[ad_1] LAS VEGAS — BECU automates more than half of its underwriting operations as it balances AI with manual processes. The Tukwila, Wash.-based credit union’s automation rates hover...
[ad_1] LAS VEGAS — Online car-leasing platform Rodo is looking to Google’s Bard for an AI-powered vehicle product. Rather than focusing on maintenance-driven technology, Rodo is...
[ad_1] HSBC is managing expenses by investing in technology and increasing efficiency. London-based HSBC’s operating expenses increased by 1% year over year to $7.96 billion in...
[ad_1] KeyBank is using generative AI to streamline internal tasks before implementing the technology in its consumer-facing channels. The $190 billion bank has found the technology...
[ad_1] LAS VEGAS — Financial institutions have used AI in varying capacities for decades, but recent enhancements to the technology have auto lenders looking to it...
[ad_1] NatWest is looking to customer data to drive deposits amid uncertain macroeconomic conditions. The $890 billion bank is dealing with inflationary pressures and working to...
[ad_1] Capital One’s technological advances allowed the bank to expand underwriting, modeling and marketing in the third quarter of 2023. “Our modern technology capabilities are generating...
[ad_1] Citigroup Inc. is planning to grant the majority of its over 40,000 coders access to generative artificial intelligence as Wall Street continues to embrace the...
[ad_1] Amazon, Google, IBM and Microsoft remained steadfast in their commitment to AI investment as cloud revenue continued to rise across the board in the third...
[ad_1] Lloyds Bank continued to prioritize the optimization of people, technology, and data in the third quarter. As part of its effort to gain efficiencies, the...
[ad_1] Banco Santander focused on efficiency and technology in the third quarter with the ongoing implementation of its One Transformation plan. One Transformation is a common...