Documented compliance with AI governance standards the next wave for fintechs
Financial institutions are no strangers to vendor selection, but AI has added a new layer to assess during due diligence and overall compliance efforts. Instead of leaving...
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FIs must reconfigure platforms to be AI-discoverable
Financial institution platforms were built in a pre-AI era and now must be reconfigured to ensure they are seen by AI searches. A recent PwC report found that 50%...
Europe fights to loosen America’s grip on payment systems
American companies dominate the invisible system that facilitates global payments. Tap a card in a Paris cafe, and, within seconds,...
Robinhood culls 300 in 10% headcount cut as fintechs retrench
Robinhood Markets Inc. said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and...
Pennymac selects AWS to accelerate AI, cloud modernization
Pennymac Financial Services is expanding its relationship with Amazon Web Services to accelerate AI adoption and modernize its mortgage servicing...
