Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank...
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Decisioning data crucial for Chase risk management strategies
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making...
Capital One continues to grow card business, auto book
Capital One's focus on digital tools and dealer relationships contributed to increased auto originations in the first quarter as the...
GM Financial launches phone option for virtual assistant Nanci
SAN DIEGO – GM Financial has added phone to the capabilities of its virtual assistant, Nanci, said Michael Beste, senior...
Chase, Wells Fargo focus on automating auto lending, from couch to funding
SAN DIEGO — Wells Fargo plans to automate auto loan decisioning through to funding, while Chase Auto will focus on...
Inovatec launches improved, AI-based LMS
SAN DIEGO – Inovatec has revamped its loan management system (LMS) to help lenders automate more of the loan servicing...
Farm Bureau Bank to boost tech spend on loan origination modernization
SAN DIEGO — The $800 million Farm Bureau Bank is boosting its current technology expenditure by as much as 15%...
Fintech Funding: QuadFi secures $100M for alternative digital lending
Canadian digital lender QuadFi has raised $100 million in debt financing, the fintech announced Wednesday. QuadFi, founded in 2015, uses...
Truist reports 7M heritage clients converted to its new ecosystem
Truist reported a busy quarter, noting it completed its largest core bank conversion event in February and brought 7 million...
Fifth Third’s tech spend reaches $101M in Q1, up 9% YoY
Fifth Third Bank’s tech spend in Q1 hit $101 million, a 9% year-over-year increase, and the bank offered insights into...
