Bank of America has been deploying AI tech for years and is seeing quantifiable returns, giving the organization a boost in efficiency and client experience.  The $2.4...

Global payments company Airwallex raised $330 million in a series G funding round backed by investors including T. Rowe Price Associates, Activant, Lingotto and Robinhood Ventures, according...

Venture capitalists cautiously funded fintechs in 2025 as they continued their investment spree into AI-driven fintech companies and are expected to spend more in 2026.  “AI-driven...

Private equity companies are cautiously deploying homegrown AI solutions as PE emerges as a major financing option for maturing companies looking for money beyond venture capital.  The share of PE firms...

Capital One, JPMorganChase and Bank of America are responsible for 75% of all AI-related patent filings since 2023.   What’s more, U.S.-based banks are outpacing global peers when...

AI-driven personalized banking services are becoming table stakes for customer growth and retention.  “We’re seeing strong demand from banks and credit unions for deeper personalization, and...

Finastra is looking to help its bank clients streamline their mortgage lending processes with AI with multiple lending solutions.  The London-based fintech has launched multiple AI-driven solutions including Loan IQ and LaserPro and is seeing banks gain...

Pathward is rolling out AI tools to drive efficiency and improve its lending functions.  Microsoft Copilot was introduced six to eight months ago and has driven productivity...

Citi is looking inward to identify and develop new AI use cases and deploy existing AI tools within the organization.  Citi has launched two internal programs this year, AI Champions and AI Accelerators, Payal Jain, head of...

Citi is deploying AI at scale internally to drive efficiency, with several tools already available to nearly 80% of its...