Capital One to buy fintech Brex for $5.1 billion in cash, stock
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for...
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for...
Grasshopper Bank Director of Engineering and Platforms Andrew Braun will speak at the inaugural FinAi Banking Summit. The summit, held March 2-3 at the Westin Denver Downtown, will bring together executives, technologists and decision-makers across...
Citizens Bank is focused on 50 tech-driven initiatives encompassing several AI applications as part of its “Reimagine the Bank” program. The program, launched in July 2025,...
Ally Financial plans to increase its internal investment in AI thanks to resources freed up by its ongoing restructuring efforts. “Our strategic pivot has created a more focused, efficient organization, and these actions...
Truist is adding to its leadership team with the addition of a head of AI enablement. “As one of several leaders...
U.S. Bank is leaning into AI solutions to boost efficiency and stay competitive amid broader industry shifts. The $695 billion bank anticipates “meaningful shifts” in digital assets and AI across the industry in the...
KeyBank will increase its investment in technology and AI in 2026 as it has started to reap returns from the technology. For example,...
PNC Bank aims to continue investing in tech and branches by deploying savings gained from AI and automation. The bank plans to expand its branch network in select regions...
Goldman Sachs sees two opportunities from its AI initiatives: driving internal efficiencies and helping clients make more money. The investment bank plans to harness “the tremendous public and private capital fueling...
Wells Fargo is prioritizing AI and technology investments in 2026 as part of its efficiency initiatives. The company continues to explore new...