TD Bank spends on anti-money laundering tech
TD Bank is investing in technology for anti-money laundering compliance after the U.S. Department of Justice fined the bank $3...
RBC invests in AI for productivity, analytics
Royal Bank of Canada is prioritizing investments in technologies like AI and gen AI to improve operations and drive customer...
Transactions: AWS to build AI-driven solutions for TP ICAP
London-based brokerage service provider TP ICAP is joining forces with Amazon Web Services to build AI-driven solutions as well as...
Scotiabank boosts tech spend 10% to $2.3B
Scotiabank is working with Google Cloud to drive customer engagement, deploy new technology and modernize its operations. Prioritizing cloud investment,...
FIs look to UK, EU to prepare for open banking
U.S. banks are enhancing tech stacks with APIs, collaborating with vendors and drawing insights from the U.K.'s open banking rule...
Fintech Funding: Anthropic raises $4B from Amazon
Global fintech funding remained subdued in 2024 due to major macroeconomic shifts and a change in investor outlook; however, many...
Movers and Shakers: Citi Wealth names Eric Lordi head of platform and experience
Citi Wealth tapped Eric Lordi as head of platform and experience this month and he assumes the new role on...
Open banking: Decoding Section 1033
Ten years in the making, the Consumer Financial Protection Bureau’s recently finalized open banking rule is making waves. The rule,...
Inside look: Ally developing multicloud hybrid strategy
Ally Financial does not aim to be 100% cloud native — it is instead opting for a multicloud hybrid strategy. ...
Nvidia using AI to make AI chips
Chip making giant Nvidia is using AI software to make AI hardware to keep up with demand for custom chips...
