Mythos exposes cyber vulnerabilities as banks scramble for solutions
Two months after the limited release of Anthropic’s Mythos, banks and financial services companies are scrambling to patch cybersecurity vulnerabilities...
Nubank sees efficiency in its AI model, invests in own GPUs
Digital bank Nubank says it is reaping the benefits of developing its proprietary AI model and is investing in its...
Inside look: Finastra CEO talks divestiture, growth plans and AI
Finastra has spent the past year and a half shedding business lines that don't fit its narrowing focus on payments...
Glia launches 25 AI agents for customer service
Customer engagement tech provider Glia is rolling out 25 AI agents to handle frontline customer service tasks for banks and...
Nvidia: Open-source models allow banks to build their own intelligence
Open-source AI models can provide a foundation for banks to build platforms to aggregate their own data rather than renting...
Inside look: Microsoft’s Copilot Cowork agentic AI tool for financial services
Microsoft is positioning Copilot Cowork, its agentic AI system, as the layer that moves financial institutions from AI experimentation to...
Success with internal agents has PenFed looking to deploy consumer-facing tools
PenFed Credit Union has been gaining efficiency with internal AI agents and plans to deploy consumer-facing agentic AI tools by...
Block ships more than 130 features in H1 2026, up 3X YoY because of AI
Payments company Block’s second-quarter earnings call showcased the company’s strategy about how AI will reshape how it builds software and, increasingly, how it underwrites risk. During the...
Upstart automated nearly 91% of loans with AI in Q2
Online lender Upstart is gaining efficiency and better quality originations using AI. “We as a company, we've been working on this particular type of AI relevant to...
HSBC adds AI to nearly 50 processes for efficiency
HSBC is deploying AI to drive efficiency as it focuses on developing cyber resilience and restructures its operations. The London-based bank aims to decommission or re-engineer nearly 50% of its legacy apps...
