Valley Bank is rolling out AI tools for customer-facing applications and internal processes such as underwriting, sales and fraud detection.   The $64 billion...

Fintech funding picked up in the first quarter as financial institutions look to deploy AI.  Global fintech funding rose to $12.1 billion, up 3.4%...

Meridian OneCap Credit is benefiting from AI deployment in areas that require significant policy and procedure considerations.  AI integration has enabled the Canadian equipment lender...

Hatch Bank is taking an inclusive approach to identify effective AI applications and propel its innovation strategy.   The digital bank conducts weekly check-ins...

AI is driving measurable improvements at Truist Financial, with focus areas including underwriting, customer service and wholesale.   The $544 billion bank used generative AI to...

Bank of America plans to embed AI and agentic AI into additional client-facing platforms as its digital transformation advances.  The $3.5 trillion bank foresees...

Citigroup is taking a phased approach to maximize AI advancements while eyeing agentic AI’s long-term potential.   The $2.8 trillion bank is “methodically deploying...

Goldman Sachs plans to double down on the “foundational elements” of its infrastructure to execute its AI strategy. The $2.1 trillion financial services giant is accelerating investments in cloud migration...

Fintech Verituity is using AI to reduce B2B and B2C payments fraud and errors by an average of 75%.   Verituity, which automates and verifies digital payouts...

Agentic AI seems poised to revolutionize financial services, although there are risks that could stymie its momentum. The U.S. market...