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[ad_1] Deutsche Bank is pulling back on costs to boost efficiency through reducing headcount, streamlining front-to-back processes and shrinking the bank’s footprint. The Frankfurt, Germany-based bank...
[ad_1] Barclays PLC is looking to reduce its expenses to provide more returns to shareholders while increasing investment in technology. Despite that, the $1.9 trillion bank...
[ad_1] Alliant Credit Union is investing in digital capabilities, including an effort to launch real-time payments next year. The Chicago-based credit union will join 351 banks...
[ad_1] Mastercard is exploring generative AI uses with a specific focus on operational efficiency and coding assistance. Purchase, N.Y.-based Mastercard, which is experienced in leveraging machine...
[ad_1] Michigan State University Federal Credit Union’s consumer-facing chatbot is answering member live-chat questions at a pace equal to that of more than 50 employees. ...
[ad_1] KeyBank remained focused on expense management and improving its technology to stay competitive in the third quarter. The Cleveland-based bank’s noninterest expense increased to $1.1...
[ad_1] Huntington Bancshares remained steadfast in its commitment to control expenses during the third quarter, allowing it to maximize efficiency. “This focus on sustained efficiencies —...
[ad_1] Opinions expressed by Entrepreneur contributors are their own. When it comes to measuring potential, it often feels a lot like guessing. We use vague sayings...
[ad_1] Truist Financial continues its effort to save $750 million as the bank prioritizes efficiency and eliminates redundancies. The savings are to be addressed by: $300...
[ad_1] Fifth Third Bank is modernizing its platform to better serve clients while cutting costs amid uncertain macroeconomic conditions. “In the last four years, we’ve managed...
[ad_1] Discover Financial Services continues to invest in technology and advanced analytics within customer service, originations, risk and compliance, fraud detection and application processes. During the...
[ad_1] Opinions expressed by Entrepreneur contributors are their own. It’s time to talk about everyone’s favorite subject — social media. Regardless of how you feel about...
[ad_1] Ally Bank will continue to invest in technology to gain a competitive advantage over its peers. The bank is looking to keep expenses flat in...
[ad_1] U.S. Bank invested in digital capabilities within its payments business during the third quarter of 2023 as it shifted toward a more tech-led revenue approach. ...
[ad_1] Citizens Bank reiterated its commitment to migrating all operations to the cloud by 2025 to create a modern banking platform during today’s third-quarter earnings presentation....
[ad_1] Bank of Nova Scotia will dismiss 3% of its employees and take a writedown on its investment in a Chinese bank in a broad restructuring...
[ad_1] Goldman Sachs increased its investment in tech in the third quarter amid headcount reductions to boost operational efficiency and cost savings. The $2.6 trillion investment...
[ad_1] BNY Mellon is investing in automation, AI and new technologies to increase efficiency and drive innovation. Automation of processes, digitization and AI across the firm...
[ad_1] Barclays online and mobile banking systems were down for two hours today, with the London-based bank’s clients were unable to access their accounts, the bank...
[ad_1] Bank of America identified short-term applications for AI in areas of customer support, employee effectiveness and coding enhancements during the third quarter of 2023 as...