State Street Corp. expects to increase its software developers’ productivity by 30% to 40% in the next three years as it incorporates...

Morgan Stanley and Goldman Sachs are focused on providing financing for the current AI development boom — as well as developing the tech for themselves to make operations more efficient.  “Each major tech cycle has produced...

Citi is seeing high adoption as it deploys AI in nearly all its operations and expects the tech to drive productivity gains.  Citi has brought products including its Payment Express solution and Citi Wealth Advisor Insights platform to market faster because of AI, Chief Executive Jane Fraser said today...

JP Morgan Chase & Co. plans to continue its investments in AI while being cognizant of market cycles and a potential slowdown in the industry.  “AI...

Nasdaq Verafin is developing two new agents: a fraud caseworker and a regulator reporter, adding to the company’s existing agentic...

United Bank is using fintech Finastra’s mortgage lending tool to improve the application process for borrowers.  The new data tool, Data Insights 2.0, supports the fintech’s Originate Mortgagebot, an AI platform...

UnionDigital Bank says it has stopped all successful fraudulent account takeovers since implementing iProov’s biometric verification technology last year. Since...

AI-focused fintechs secured key funding rounds in June, continuing a trend of uptick in financial services.  Among them were AI voice...

Truist continued to invest in innovation in 2025 and ranks among the top 300 companies to receive patent approvals from the U.S. Patent and Trademark Office – with AI patents helping grow its portfolio.  The $549 billion,...

AI-driven customer engagement service provider Glia has launched an AI-powered outbound calling and texting system called AI Outreach that is designed to help community banks...