BMO launches AI, quantum institute to scale enterprise strategy
BMO Financial Group is launching the BMO Institute for Applied Artificial Intelligence & Quantum, an enterprisewide center aimed at accelerating...
Banking
European banks expect AI buildout to add headcount, survey says
The rise of artificial intelligence is prompting fears of widespread job cuts across finance, but European bank executives don’t expect that to...
90% of Citizens’ employees completed some form of gen AI training in 2025
Citizens Bank is driving generative AI adoption by embedding the technology into employees’ day-to-day workflows, rather than treating it as a standalone tool. ...
FinAi News Podcast: Why tax season serves as an AI stress test for banks
Tax season adds stress to banking systems with a surge in transactions, fraud threats, data complexity and necessary risk controls. This added stress,...
Dimon on AI: ‘We will not put our heads in the sand’
JPMorgan Chase Chief Executive Jamie Dimon is making one thing clear: AI is no longer optional for banks. It is foundational. In his annual letter published today, Dimon...
Go Abacus brings AI hardware on-premises
Small and medium-sized banks are more hesitant to implement AI due to governance, costs and technical demands of the technology. While 61%...
TD Bank survey: AI adoption in personal financial management surges 4X
Consumers aren’t just experimenting with AI — they’re starting to trust it to manage money. This year, 55% of consumers are already using AI to help manage their personal finances, while last year, just...
AI rewriting the rules of banking
Over the past year, a quiet but profound shift has taken place across the financial services industry. AI has moved beyond experimentation...
Clear Mountain Bank taps Alkami for digital banking
Clear Mountain Bank has deployed Alkami’s digital banking platform, which features predictive AI tools that are yielding measurable results for other institutions. The...
TD Bank: Education key to fighting AI-driven fraud
TD Bank is educating consumers and frontline employees as attacks by scammers rise across the financial services industry, Julie Packard, head of strategic enablement, financial...
