Capital One leans into tech transformation
Capital One continued to modernize its technology infrastructure in the second quarter. The $468 billion bank is making technology-driven improvements...
IBM software revenue up 7% YoY
IBM’s software revenue grew in the second quarter as clients leaned on hybrid cloud and AI platforms. The tech giant’s...
FedNow is live
The Federal Reserve’s long awaited real-time payments network FedNow launched this morning nearly four years after the rail was first announced. As of...
Citizens boosts tech spend 9% YoY in Q2
Citizens Financial is exploring automation and AI opportunities within the bank through its Top 9 efficiencies program. The new technology will...
Ally Financial emphasizes digital migration
Ally Financial continued to prioritize digital offerings and operational efficiency in the second quarter as its millennial and Gen Z client...
Truist explores quantum computing with IBM
Truist Financial is exploring quantum computing applications within financial services through access to IBM’s quantum computers, engineers and infrastructure. Photo credit:...
Bank of America AI-driven chatbot surpasses 1.5B client interactions
Bank of America’s AI-driven chatbot Erica has surpassed 1.5 billion client interactions since its 2018 launch, the bank said today in its...
PNC continues cost controls in Q2
PNC upped its 2023 improvement plan savings outlook by $50 million in the second quarter, increasing its cost-reduction efforts to $450...
5 questions with … FV Bank Head of Core Banking and Cards Balasubramanian
FV Bank focuses on emerging trends and nimble technology as it invests in digital. Head of Core Banking and Cards...
JPMorgan Chase shares First Republic Bank integration update
Overall expenses for JPMorgan Chase increased in the second quarter as the bank focused on hiring, tech investment and its...
