PayPal Holdings Inc. has been working with advisers to review strategic options, people familiar with the matter said, as Stripe...

Citi is seeing high adoption as it deploys AI in nearly all its operations and expects the tech to drive productivity gains.  Citi has brought products including its Payment Express solution and Citi Wealth Advisor Insights platform to market faster because of AI, Chief Executive Jane Fraser said today...

In its efforts to increase efficiency and reduce headcount, Wells Fargo continues to invest in AI and in the second...

Bank of America’s AI investments are bearing fruit as its operating leverage surged well above its full-year goal in the...

JP Morgan Chase & Co. plans to continue its investments in AI while being cognizant of market cycles and a potential slowdown in the industry.  “AI...

U.S. Bank is weaving AI into nearly every touchpoint it has with small business customers, from the moment a client calls into a service center...

TD Bank is testing whether a foundation model trained on outside data can match the predictive power of models it builds entirely in-house —...

Jason Edelboim, the recently appointed chief executive of digital banking platform Candescent, says AI delivers significant value to the customer experience by making...

Fiserv Inc. said its president, Dhivya Suryadevara, resigned, just weeks after she was promoted to the role following the departure...

Happen Bank, formerly LendingClub, is being cautious with its use of AI and token spend by putting in token caps on employees.  “We were...