Fed’s Barr calls for guardrails as financial sector adopts AI
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks...
Banking
Sunwest Bank’s new CTO takes charge of AI efforts
Sunwest Bank is amping up its AI roadmap with a new chief technology officer and multiple proofs of concept in...
Inside Look: How to build an ‘AI-native’ bank
Israel-based esh Bank is on its way to building an “AI-native” bank that shares the revenue it generates from making...
Austin Capital Bank CEO Beguin to speak at FinAi Banking Summit
Austin Capital Bank co-founder and Chief Executive Erik Beguin will speak at the inaugural FinAi Banking Summit in Denver on...
AI aiding FIS in client retention, growth
FIS is continuing its investment in AI as it sees higher client retention rates and improving risk management. “We anticipated...
Lloyds tasks 7,000 staffers with testing out AI assistant
Lloyds Banking Group Plc is using thousands of its staff as guinea pigs for an AI financial assistant it’s designed...
Piermont Bank CEO’s vision for emerging technology, AI
Piermont Bank Chief Executive Wendy Cai-Lee approaches emerging technology from a holistic viewpoint — assessing client needs and measurable impact...
Inside look: How Bank of America developed AskGPS
Bank of America has launched a generative AI assistant to redefine efficiency in its global payments solutions division. The gen...
Deloitte: Banks need overarching vision for AI adoption
Banks in the United States are continuing their investment in AI, which will have both short- and long-term effects on...
Two sides of the coin: Smarsh’s approach to AI
AI-driven communication compliance company Smarsh’s approach to AI is twofold: it builds proprietary AI technology for regulated industries while also...
