HSBC appoints Rice as first chief AI officer
HSBC Holdings has appointed David Rice as its first chief AI officer, effective April 1. The new role is intended to centralize leadership...
Palantir, Moder bring AI automation to mortgage industry
Palantir Technologies and mortgage services firm Moder announced plans to develop an AI-powered platform designed to modernize mortgage operations, signaling...
Gold Coast FCU selects Algebrik AI for loan origination platform
Gold Coast Federal Credit Union has selected Algebrik AI’s cloud-native loan origination platform to modernize its lending and account-opening processes,...
Microsoft embeds Anthropic’s Claude into Copilot
Microsoft is embedding Anthropic’s Claude AI into its Copilot platform, marking a major shift in the company’s enterprise AI strategy....
Lloyds, Truist expand AI leadership hiring
Lloyds Banking Group and Truist are hiring AI leaders to advance their enterprise AI agendas. Lloyds Banking Group is hiring...
Anthropic expands Claude’s Cowork platform with financial services plugins
Anthropic on Tuesday announced a major expansion of its Claude artificial intelligence platform, introducing new capabilities for its Cowork tool...
Anthropic launches AI tool to modernize COBOL, IBM stock tanks
Gen AI provider Anthropic today launched a tool that helps financial institutions modernize their archaic coding language COBOL. AI code...
WMCU taps Scienaptic AI to modernize lending operations
West Michigan Credit Union announced today it has selected Scienaptic AI to automate credit decisioning and expand access to credit....
Energy One FCU implements Appli’s AI-powered calculators
Energy One Federal Credit Union is adding AI-powered financial calculators to its website as part of its effort to enhance...
UiPath acquires WorkFusion to boost agentic AI compliance tools
Agentic automation software provider UiPath has acquired WorkFusion, a specialist in AI-powered tools for financial crime compliance. The move will strengthen...
