FIs cannot rely solely on legacy systems for cybersecurity
Most FIs use AI in some capacity, but many continue to place their trust in tried-and-true legacy security systems. “If...
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Kiro Money develops AI financial guidance tool with credit union
Heritage Hub Federal Credit Union has deployed an AI-driven financial tool built with fintech Kiro Money to enhance its financial literacy offerings. Kiro Money aims to provide financial literacy to Americans who traditionally haven’t had access financial advice, Chief Executive Alisha...
Axos Bank’s Jennifer Taylor to speak at FinAi Lending Summit
Jennifer Taylor, senior vice president and head of commercia digital at Axos Bank, will speak at the FinAi Lending Summit on Wednesday, Oct. 7. ...
Francisco to buy payments firm Moneris from RBC, BMO for $1.4B
Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4...
AI accelerating, complicating bank charter applications
While AI is accelerating charter applications as fintechs work to prove regulatory prowess and accelerate growth, it also opens the door to increased scrutiny. ...
