Why FICO built its own LLM
FICO doesn’t trust AI models it can’t inspect, so instead of building tools on a frontier LLM, the credit-scoring company...
BNY not spending ‘calories’ calculating ROI of AI
BNY is not fretting about calculating the ROI of its AI investments. “AI is a catalyst for transformational change, and...
AI simplifying processes at State Street
State Street is leaning on AI to simplify the bank’s internal processes and transform the bank into a tech-advanced organization. ...
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...
Citi cuts tech vendor payments by 30% thanks to AI
AI is helping Citi speed up product development cycles while cutting costs as the bank relies more on developing the...
AI helps Fifth Third find $2B-$3B in extra consumer balances for lending decisions
AI is not only improving underwriting processes and standards but it also is helping Fifth Third Bank evaluate a consumer’s...
Sonata Bank grows origination volume 40% in 18 months
Sonata Bank is growing its origination volume without adding staff. With AI in place, having a small underwriting department shouldn’t...
b1BANK bullish on AI for loan application reviews
B1BANK is using AI to review every consumer loan file. “If we had chosen to do that by hiring additional employees,...
How U.S. Bank measures ROI of AI
LAS VEGAS — U.S. Bank is taking a unique approach to measuring ROI on its AI investments: time-stamping how long...
5 Questions with … Zack Anderson, JPMorgan’s chief data and analytics officer for payments and global banking
Financial institutions are racing to develop and deploy agentic AI treasuries to provide more autonomous tools for chief financial officers. ...
