Employee feedback spurs AI innovation at Wintrust
Wintrust Specialty Finance President and Chief Executive David Normandin said he motivates employees to adopt AI by encouraging them to...
Morgan Stanley’s AI investment portfolio ‘double overweight’ after Q3
Morgan Stanley’s wealth management business swelled to a record high in the third quarter as AI-related investments remain a priority....
B1BANK eyes AI for portfolio diversification
B1BANK is using AI for lending processes including documentation and consumer analysis and plans to use the tech to diversify its...
Wells Fargo deploys AI agents to identify cyber vulnerabilities
Wells Fargo remains focused on AI investments as it deploys the tech in IT, wealth management, cybersecurity, underwriting and customer...
Product roadmap, data governance key for AI vendor selection
Lenders are looking deeper into product roadmaps, platform resilience and data governance when vetting third-party vendors amid growing AI adoption. ...
Lenders don’t agree on AI use for credit decisioning
Lenders disagree about how far AI can go in automating credit decisions versus only the processes leading up to the...
36% to 98% accuracy: Fifth Third’s ‘stark’ lesson in AI testing
LAS VEGAS — Although AI is a shiny object that’s hard to resist and tempting to deploy quickly, lenders must...
Truist boosts auto-loan approvals by 20 percentage points using AI
Truist is leaning into AI-powered underwriting to increase approval rates and enhance customer experiences. The $556 billion bank has boosted...
Insurance providers dive into GPU financing game
Insurance companies are playing an increasing role in GPU financing — deploying their own capital in some cases — while...
MVB Bank bolsters vendor risk management via Kobalt Labs AI
MVB Bank is bullish on Kobalt Labs’ AI tools for third-party risk management as the technology streamlines vendor onboarding and...
