Banking Advisor by nCino will have over 100 AI capabilities this month
Digital banking service provider nCino is planning new capabilities to its gen AI-driven Banking Advisor platform and aims to have over 100 functionalities this...
Visa and Mastercard bet on agentic AI
Payments networks Visa and Mastercard are moving toward deployment of their agentic AI payments tools globally in 2026, leadership at both said during their earnings calls this week. These agentic...
Lloyds ‘value’ from gen AI to reach $119M in 2026
Lloyds Banking Group is seeing value from its generative AI spend and looking to double this in 2026 with more training, agentic AI deployment, and cost savings. In 2025, the $1 trillion London-based Lloyds reported...
LendingClub’s AI-driven underwriting model yields 40% fewer delinquencies
Online lender LendingClub is deploying AI throughout its operations, including to improve underwriting. “At this point, there's probably not a department in the company that is untouched in...
Q&A with GFT Technologies’ Kaushal Sheth, chief tech officer for US
Kaushal Sheth is the first U.S. chief technology officer for Stuttgart, Germany-based digital banking service provider GFT Technologies, which sees the United States as a major growth market. The $1...
Extend CEO: Brex acquisition a ‘net good’ for the industry
Financial services executives see Capital One’s planned acquisition of AI driven spend management and business banking service provider Brex as good for the industry. “Increasingly companies see financial services...
How JPMorgan is using AI, biometrics to fight payments fraud
JPMorgan is deploying AI to fight fraud in real time in its growing payments business. To do so, J.P. Morgan Payments is using a combination of advanced technologies and robust processes, Head...
Provenir to launch gen AI-driven insights tool for loans in Q1
Provenir is integrating AI to help FIs monitor changing economic situations. The risk analytics and decisioning platform provider plans to deploy gen AI-driven capabilities in the first quarter...
Nvidia: 84% of banks prefer open-source gen AI models
Financial institutions are prioritizing open-source gen AI models for operations. Open-source AI models are public, making them more customizable compared with closed-source models, in which only the creator can make appreciable changes. Open-source models also can run locally without external connection. Eighty-four percent of FIs prefer open-source models,...
Ally ups AI investment thanks to savings from restructure
Ally Financial plans to increase its internal investment in AI thanks to resources freed up by its ongoing restructuring efforts. “Our strategic pivot has created a more focused, efficient organization, and these actions...
