Customers Bank taps Palantir for AI-powered onboarding
Customers Bank has selected software company Palantir Technologies for AI-driven customer onboarding and engineering support as it becomes an AI-native institution. ...
Banking
Announcing FinAi Banking Summit
FinAi News is pleased to announce that the FinAi Banking Summit is set for March 1-2 at the Westin Denver. ...
FIs looking to trim number of tech vendors to minimize exposure
Banks are looking to consolidate their vendor lists, many of which have bloated since the ChatGPT moment of November 2022. ...
Huntington Bank’s 1866 Studio agents help entrepreneurs incorporate businesses
Huntington Bank has announced the 1866 Studio, an AI-powered operating system for small businesses built on Google Cloud’s Gemini AI...
Santander taps Nvidia AI to cut costs, improve performance
Banco Santander is expanding its AI collaboration with Nvidia after developing specialized AI models that significantly reduce operating costs while...
Consumer banking exec leaves Truist amid management shakeup
Truist Financial's chief consumer and small business banking officer, Donta Wilson, is leaving the bank as Chief Executive Mike Lyons...
US banks block AI agents attempting to move money for customers
Bank executives are welcoming consumers’ use of AI to aid their financial lives — as long as they play by...
AI helps improve U.S. Bank’s efficiency ratio to 55.9%
AI programs for internal workflow and customer-facing processes increased U.S. Bank's efficiency in the third quarter. "Productivity initiatives, including from...
BNY not spending ‘calories’ calculating ROI of AI
BNY is not fretting about calculating the ROI of its AI investments. “AI is a catalyst for transformational change, and...
PNC quietly building AI agents that don’t rely on tech vendors
While most banks talk about their adoption of AI in terms of how much to spend on outside vendors, PNC...
