IBM reports high adoption for AI services among FIs
IBM’s first-quarter earnings underscore the growing demand from financial institutions for AI-driven infrastructure and consulting, as banks look to embed intelligence directly...
Expanding AI applications a priority for Interactive Brokers
Interactive Brokers is ramping up its use of AI across both internal operations and client-facing tools. “Expanding the use of AI remains a...
Zero-trust framework is mandatory in era of gen AI
AI is becoming a double-edged sword in the fight against cybercriminals, acting as a threat and a defense. AI is anticipated to be the...
Financial services one of largest customer segments for gen AI consulting at IBM
Financial services has emerged as a significant driver for generative AI consulting at IBM. “IBM Consulting partners with global financial institutions to move beyond simple AI experimentation toward full-scale...
Inside look: Finastra’s AI center of excellence
Digital banking service provider Finastra is advancing its AI strategy with the launch of an AI center of excellence, to boost platforms and product innovation. The launch comes as financial institutions shift from AI experimentation to enterprise-wide deployment, requiring more structured...
BNY reports 140 AI agents
BNY is scaling AI across operations, focusing on integrating the tech into end-to-end processes to gain efficiency. The $30 billion bank has invested more than $4 billion in technology over the...
Trinity Bank to deploy AI-driven solution to fight fraud
SAN DIEGO — Trinity Bank is set to deploy BioCatch, an AI-driven behavioral biometric platform, to strengthen fraud prevention across its digital banking channels. The $550 million...
Alkami to tap third-party data providers to enable FIs in client acquisition
SAN DIEGO — Alkami is expanding its data strategy to include third-party providers in a bid to help financial institutions move beyond cross-selling and into client acquisition. The...
Data, AI, cybersecurity top priorities for Bank of America’s CashPro
As Bank of America deepens its AI investments, its CashPro business banking platform is increasingly positioned as being not just for payments, but as an intelligent, secure hub for managing corporate...
Inside look: Citi’s Prompt-like-a-Pro program
Citi is training its global workforce in gen AI through a structured approach designed to embed the technology into everyday operations. Citi has rolled out its internal AI...
