Transactions: Mitra Chem looks to Arc’s financing marketplace for debt financing
Digital bank Arc launched a venture debt financing platform to fill a gap in the market that surfaced during the...
Podcast: Gen AI can provide FIs up to 90% automation
Financial institutions can look to generative AI to reach up to 90% automation, WorkFusion Chief Executive Adam Famularo tells Bank...
CaixaBank deploys AI-driven ‘cognitive assistant’
CaixaBank is deploying AI as a ‘cognitive assistant’ to personalize the bank’s services and streamline back-end processes. The $678 billion...
Open banking: API ownership, liability
Data protection protocols were among the top concerns raised after the Consumer Financial Protection Bureau gave consumers and the industry...
Santander has over 60 AI uses
Santander Bank is exploring AI to enhance its operational efficiency, allowing its employees to focus on value-added tasks. The Madrid-based...
82% of FIs plan to migrate to the cloud in next 5 years
Eight in 10 financial institutions will migrate at least half their core systems to the cloud starting in 2024 in...
5 questions with … Valley Bank’s chief data and analytics officer
Valley Bank is exploring generative AI, expanding machine learning operations and paying keen attention to data throughout the bank’s operations. ...
Top 5 AI stories of 2023
AI and generative AI uses exploded in 2023 and the financial industry felt the ripple effects. Ninety-nine percent of financial...
Top 3 M&A stories of 2023
The Federal Reserve tightened monetary policy to rein in inflation, spurring banking mergers and acquisitions throughout the year. As the...
Gen-AI driven chatbot to automate 90% of bunq’s operations
Digital bank bunq rolled out its generative-AI driven chatbot this week and expects the bot to automate most of its...
