Five AI-driven fintechs to watch
Banks and investors are evaluating AI-driven startups for long-term growth opportunities. “Investors are keeping close tabs on AI-related innovation,”...
AI, open banking to boost consumer credit access
AI coupled with an open banking framework provides better access to credit for consumers. The technology presents an opportunity for...
KeyBank to hold off on FedNow until DDA reach hits 5%
NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows...
Nest Bank’s gen AI chatbot fields 11K chat requests daily
NEW YORK — Poland-based Nest Bank is piloting its AI-driven chatbot solution N!Assistant to decrease contact center volume and improve...
Citizens sees up to 20% efficiency gains through gen AI
Citizens Bank has deployed generative AI and automation in operations for activities including coding, customer service and fraud detection, and...
Fintech funding: AI accounts for 30% of $24B Q2 investment
While fintech funding has slowed in recent quarters, companies that focus on AI are attracting investor dollars. Funding for AI-focused...
78% of regional FIs say AI can help find new business
Regional and community banks are investing in AI for new business opportunities, revenue growth and efficiency gains. “Financial institutions...
Transactions: Akoya, Nova Credit team up on financial access
Today, API-connected data access network Akoya teamed up with credit infrastructure and analytics company Nova Credit to allow lenders to...
U.S. Bank developing AI tools to meet SMB demands
U.S. Bank is developing AI- and automation-driven solutions to improve productivity for its small and medium-sized business clients. Nearly 71%...
Marqeta innovates to expand client base
Card issuing platform Marqeta is looking to innovation in a bid to woo fintechs and businesses to diversify its revenue...
