BMO taps document AI for lending workflow automation
CHARLOTTE, N.C. — Unstructured data in documents is an automation focus for the Bank of Montreal. The $773 billion bank...
Banking
A framework for banks: Deciding whether (or not) to execute new ideas
In “Banks Need Impactful New Ideas They Can Execute”, I presented a framework that banks can use to bring innovations...
5 Questions with… KeyBank Consumer and Digital CIO Kim Snipes
Technology investment at KeyBank is nothing if not dynamic. Photographer: Ty Wright/Bloomberg Mercury The Cleveland-based bank had a digitally driven...
Truist finalizes its tech integration — and leaves two treasury systems in place
CHARLOTTE, N.C. — Truist has completed the brunt of its technology integration work and, despite a digital-first strategy, has chosen...
What hyperautomation means for the future of lending
The banking industry is currently in the midst of a transformative migration heavily weighted towards digitization. To make this enormous...
Transactions: Eastern Bank selects Backbase for digital account opening
$24B Eastern Bank selects Backbase Boston-based Eastern Bank announced last week that it has partnered with digital banking platform provider...
Kristy Younger, Wells Fargo’s head of commercial banking intelligent automation, joins Bank Automation Summit
Kristy Younger, head of commercial banking intelligent automation at Wells Fargo, will join a panel on “Modernizing Commercial Lending through...
Low code and no code fintech solutions put banks in the driver’s seat
Competition in the financial services landscape is growing and today’s influx of neobanks and non-bank entrants makes it fiercer than...
How financial institutions can remove friction from data collection for KYC and AML compliance
Financial institutions, especially those dealing with large deposits like wealth management firms, have a dilemma when it comes to compliance...
5 ways this fraud management AI is revolutionizing fraud & disputes
The biggest misconceptions about artificial intelligence are that it’s too advanced, costly, and complex for teams to integrate and manage successfully. People tend to think of AI in terms of large...
