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[ad_1] Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend, allowing them to deposit false checks and withdraw large sums...
[ad_1] U.S. Bank is developing AI and automation-driven solutions to improve productivity for its small and medium-sized business clients. Nearly 71% of U.S.-based SMBs think that...
[ad_1] Chip manufacturing behemoth Nvidia reported record second-quarter revenue on growing demand for its data centers, hardware and AI models. “Data center revenue of $26.3 billion...
[ad_1] ATLANTA — Instant payments rail FedNow is nearing the addition of its 1,000th financial institution, and the Federal Reserve credits the growing adoption to its...
[ad_1] Bank Automation News will present the webinar “The future of open banking: Payments meet data,” on Tuesday, Sept. 17, at 11 a.m. ET. Register here...
[ad_1] Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its products to gain market share. In its third fiscal...
[ad_1] San Francisco-based Wells Fargo appointed Tracy Kerrins as head of consumer technology and leader of the bank’s new generative AI team, according to a July...
[ad_1] Fintech funding hit a four-year low globally in the first half of 2024, but nearly three-quarters of the money raised went to North America, followed...
[ad_1] TD Bank has been investing in innovation through patent filings, AI and generative AI efforts in recent months. As the bank invests in technology internally,...
[ad_1] JPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of business clients. “Customer Insights is...
[ad_1] The Consumer Financial Protection Bureau is facing additional challenges that call into question the legality of the bureau’s funding. The Supreme Court upheld the CFPB’s funding mechanism in May. In several recent lawsuits, companies...
[ad_1] The Consumer Financial Protection Bureau has once again made it clear that new AI- and machine learning-based technologies are held to the same consumer protection regulations as...
[ad_1] Regional banks are deploying technology to keep up with client demand and compete with major financial institutions. The $62 billion Valley Bank joins other financial...
[ad_1] TD Bank took a provision of $2.6 billion in the third quarter as it estimates the cost of fines from its U.S.-based money laundering compliance...
[ad_1] Financial institutions are looking to AI and generative AI to mitigate the rising risk of cyberattacks as fraudsters take advantage of the technology. Generative AI...
[ad_1] Gather Federal Credit Union has selected credit underwriting platform Zest AI to reduce fraudulent activity during the loan origination and decisioning process. AI-driven Zest Protect...
[ad_1] Discover Financial Services is tapping generative AI to speed up call center agent response and strengthen client experience. Using Google Cloud’s AI platform, Vertex AI,...
[ad_1] Open banking regulation is quickly approaching but financial institutions are asking the Consumer Financial Protection Bureau to extend the timeline for implementation. FIs are expected...
[ad_1] Armed Forces Bank is investing in its digital banking channels to ensure that its military-focused client base has 24/7, global access to banking capabilities. “The...
[ad_1] Valley Bank is using AI and automation to boost its efficiency without adding as much personnel. The $62 billion bank is using AI, machine learning...