Envestnet acquires Harvest Savings & Wealth Management for automated savings tools
Financial advice technology firm Envestnet today announced its acquisition of Harvest Savings & Wealth Technologies, a platform that provides automated...
JPMorgan’s Dimon: AI and cloud computing are ‘transforming how we do business’
“There simply is no speed fast enough,” to train JPMorgan employees how to use machine learning, Jamie Dimon, chief executive...
IBM expands functionalities of financial cloud platform to support Red Hat’s OpenShift
IBM today announced that its Cloud for Financial Services, now supports Red Hat’s OpenShift, an open-source application container platform that...
Recap: What U.S. Bank, PNC, and bankers’ groups are telling the OCC about AI
The regulators are curious again. Image: Sigmund/Unsplash Last week, the Office of the Comptroller of the Currency (OCC), the Federal...
Bots can make mortgages more efficient but complex tasks need a hybrid model
The mortgage application process is a bit like assembling a pie: Both require several ingredients and steps, and take longer...
Notarize sees 600% growth and raises $130 million in Series D funding round
Remote online notarization provider Notarize has raised $130 million in its Series D funding round, the firm announced Thursday. Image: Kelly Sikkema/Unsplash Notarize, which...
U.S. Bank rolls out new AI-powered savings tool
U.S. Bank rolled out a new savings tool Friday that uses artificial intelligence (AI) to help its customers decide how much they should be saving. Image: Mathieu Stern/Unspalsh The “Pay...
A look inside UiPath’s IPO filing
UiPath today filed documents to go public, with a plan to list on the New York Stock Exchange under the...
Spending on regulation technology will exceed $130B by 2025
The pandemic shift to digital onboarding that increasingly uses intelligent automation will provide banks with cost savings of over $460...
Upstart rolls out AI-powered system to match borrowers with banks, credit unions
Online lending marketplace Upstart announced the rollout today of its Upstart Referral Network, a new system driven by artificial intelligence...
