Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank...
Listen: Prelim CEO on low-code development and core integration
Heang Chan, co-founder and CEO of low-code solutions provider Prelim, knows firsthand how manual and cumbersome customer-facing processes can be....
Chase, Wells Fargo focus on automating auto lending, from couch to funding
SAN DIEGO — Wells Fargo plans to automate auto loan decisioning through to funding, while Chase Auto will focus on...
Farm Bureau Bank to boost tech spend on loan origination modernization
SAN DIEGO — The $800 million Farm Bureau Bank is boosting its current technology expenditure by as much as 15%...
Inside Look: BankSouth adopts conversational AI chatbot
Virtual assistants have been primarily the domain of large banks until now, thanks in part to offerings made through core...
Listen: Potential pitfalls of cloud migration, and how to overcome them
Banks undoubtedly face challenges when transitioning to the cloud, including monolithic applications, a lack of resources, and legacy processes and...
Truist reports 7M heritage clients converted to its new ecosystem
Truist reported a busy quarter, noting it completed its largest core bank conversion event in February and brought 7 million...
Technology spend up 5% at State Street
State Street Bank spent $423 million on technology and communications in the first quarter, up 5% year over year but...
Goldman Sachs’ tech and communications spend climbs 13% YoY
Goldman Sachs spent $424 million on technology and communications during the first quarter, a 13% year-over-year increase and 1% decrease...
Fintech Funding: Banks make bank
The big money in funding this week went to banks, with Ziraat Bank, a state-owned Turkish bank, securing a syndicated...
