Prageeth Sandakalum has joined Wells Fargo as executive director of product management, a position that sits at the intersection of product, commercial banking and AI. Most recently, he...
Bank of America is focused on training its leaders to use AI as it deploys tools to make operations more efficient. The bank appointed Michael Wynn as the head of its academy for...
Bankwell is investing in its data infrastructure in order to achieve the best returns from its AI deployment. “We are investing in building a robust data infrastructure,” Ryan Hildebrand, executive...
PayPal is building an agentic AI platform that allows consumers to buy products through a chatbot. The payments company aims to “provide a plug-and-play...
Bankwell will use fintech Kobalt Labs’ AI-driven solution to improve compliance operations. The $3.2 billion bank had previously implemented AI in functions including SMB lending operations and data analytics, but hadn’t applied it to risk and...
Digital banking service provider Finastra is launching an agentic AI tool to help mortgage lenders increase accuracy and efficiency in originations. The tool, which will be...
Agentic AI services provider UiPath is embedding agentic AI into all data-driven manual processes in its financial services offerings. UIPath’s solutions are a natural fit for data and information...
Commercial Bank of Qatar is racing against time to migrate its data back from cloud facilities amid the Iran war and threats against data centers in the Middle East. ...
AI is sometimes portrayed in the media as the great job eliminator, but leaders of financial institutions don’t see it that way. Many workers find it difficult to trust AI...
IBM is deploying AI and building tools that can help clients move away from traditional coding languages including COBOL. Common Business Oriented Language — COBOL — became the bedrock coding language...
