As the global economy faced macroeconomic headwinds coupled with rising rates, fintech funding in 2023 remained subdued compared to prior...

Santander Bank has successfully moved its corporate investment banking business to the cloud as part of its effort to migrate...

Card payments network giant Discover Financial Services has named Michael Rhodes as chief executive and president. He is expected to...

Efficiency and cost-savings are two reasons financial institutions are tapping into their cloud providers’ AI capabilities rather than building the...

Wealthtech giant Envestnet is reportedly exploring the sale of its data aggregation subsidiary Yodlee as it aims to refocus strategic...

As AI becomes pervasive, financial institutions are on the hunt to win AI talent, with the big four U.S. banks...

Citi Treasury and Trade Solutions invested in payments fintech Icon Solutions last week to modernize its core payments capabilities and...

Generative AI utilization is a table stake for financial services industry leaders looking to improve customer experience, internal processes and...

Challenger bank Dave launched its generative AI-driven chatbot last week and is exploring multiple uses of the technology.   Photo courtesy...

Major banks’ tech spend continued to climb in 2023 as financial institutions invested in AI to add efficiencies, train employees...