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Banks, fintechs, credit unions and tech giants are looking to leadership to spearhead AI strategy as the technology continues to improve speed, efficiency and overall productivity in the industry. FI leaders are experimenting with AI, deploying it and hiring talent to support AI initiatives, which have become priorities. This year, more “chief” AI titles have […]
The post 14 FinAi execs to watch in 2026 appeared first on FinAi News.
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Whitney McDonald
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Digital bank Varo is working with employees to find use cases for AI and train them on using the tech to optimize its capabilities. The $282 million Varo Bank launched its AI academy this month to teach employees how to use the tech and encourage them to suggest AI use cases within their daily operations […]
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Vaidik Trivedi
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NEW YORK — Varo Bank is upgrading its underwriting systems to develop deeper customer relationships and grow. The $486 million digital bank was one of the first fintechs to gain a banking license in 2020 from regulators and has tried all forms of underwriting to grow while still maintaining high credit standards, Das Mohandas, chief […]
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Vaidik Trivedi
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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 can help financial institutions fight identity fraud and identify fake documents during the loan procedure, Adam Kleinman, head of strategy and client success at Zest AI, told Bank Automation News. […]
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Vaidik Trivedi
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Payments fintech Marqeta saw growth in its total processing volume during the second quarter as consumer demand for non-traditional banking and digital banking channels increased. According to Marqeta’s July State of Payment report, which surveyed 4,000 consumers in June, 63% of consumers between 18 and 34 years old said they would be open to banking […]
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Whitney McDonald
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Artificial intelligence has revolutionized credit decisioning. What was once a slow, manual and subjective process is becoming highly automated, and the all-important act of approving or denying credit is increasingly being turned over to highly sophisticated neural networks. Compared with the simple logistic regression models still used by many financial institutions, AI models can provide […]
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Victor Swezey
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Brian Stone
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Engagement banking platform Backbase named Sam Boggs III senior vice president and general manager for the North American mid-market segment last week. Boggs will focus on delivering engaging banking technology to the bank and credit union space, according to a Backbase release. “My responsibility is to help shape the process, the product, the team and […]
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Whitney McDonald
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