Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI...
Distyl AI raises $175M in series B round to take firms ‘AI-native’
AI solutions provider Distyl AI has raised $175 million in a series B round, hitting a valuation of $1.8 billion. ...
EU banks wary of US cloud, AI amid rising geopolitical tensions
Many financial institutions across the pond are looking to reduce their reliance on U.S. tech providers as geopolitical tensions rise...
FIs take notice as stablecoin adoption expected to jump 54%
Stablecoins have seen a resurgence in use cases since July’s passage of the Genius Act, which set up regulatory guardrails...
Transactions: First Fed Bank selects Apiture for digital banking
First Fed Bank has tapped fintech Apiture to provide better digital and mobile banking services to its clients. Community and...
81% of consumers open to using agentic AI for payments
The payments industry is undergoing a major overhaul as AI takes center stage. Agentic AI is likely to reshape day-to-day...
Credit unions look to AI to trim costs
Nearly 28% of credit unions are deploying AI for cost savings, more than big banks. Banks and credit unions do...
CEO Walters: Finastra planning to streamline with agentic AI
NEW YORK — Fintech Finastra is working with clients to deploy agentic AI within payments processes to boost efficiency and...
Transactions: FundBank goes live on Temenos’ core and digital banking
FundBank has selected fintech Temenos for its full banking technology suite. The $2.9 billion institution, which provides banking services to...
5 AI-driven fintechs to watch
AI-driven fintechs have been top recipients of venture capital funding in 2025, attracting $7.2 billion out of $44.7 billion of...
