JPMorgan tops global AI banking index with jobs seen to grow
JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence, widening its lead over...
Banking
Bank of America aims to build ‘high-tech, high-touch’ business
Bank of America is pursuing a dual-track strategy in wealth management and investment services, deploying AI to accelerate adviser productivity...
Bank of America uses ‘Orchestra’ tool to decide if task needs open-source or closed-source model
Bank of America is taking a pragmatic approach to AI by routing tasks to specific models based on a task’s...
Flagstar Bank’s modernization brings access to real-time insights
Flagstar Bank's core modernization is giving it access to real-time data to improve decisions, AI capabilities and reporting. The $87.7...
Why Flagstar’s AI agents don’t have access to internet
Flagstar Bank has built deliberate isolation into its AI infrastructure. While most companies race to connect their AI systems to...
Plaid partners with four LLMs, but AI still lags on financial advice
Plaid has integrated Muse into its platform, allowing customers to obtain their personal bank information and to seek financial advice...
AI writes 60% of code at BNY, up 20 percentage points QoQ
BNY’s AI-driven coding productivity continues to climb while its agentic AI initiatives accelerate across the organization. Roughly 60% of software...
Palisades Credit Union deploys Narmi’s AI DecisionAssist
Palisades Credit Union is using digital banking platform Narmi's latest agentic account opening tool, AI DecisionAssist. AI DecisionAssist is an...
Valley acquisition of Bluevine boosts bank’s AI strategy, CEO says
Valley Bank today announced its acquisition of SMB digital banking provider Bluevine for $340 million. The acquisition allows the $64...
Agentic AI assistants could spark a run on banks, Apollo says
AI agents that shop around on behalf of consumers could drain the low-interest deposits banks rely on to make loans,...
