57 questions financial institutions should ask about AI
AI continues to take the financial services industry by storm, but as mega-banks implement internal AI councils, hire chief data...
Banking
Wells shrinks branches as mobile usership jumps
Wells Fargo pulled back on its branch footprint as digital and mobile banking adoption climbed in the first quarter. “Our...
Fintechs push for data access
NEW YORK — The free flow of consumer data and information would spark innovation in their industry, fintech leaders say. ...
Truist parts ways with another CIO
The shakeup at Truist Financial continues. Truist Financial Chief Information Officer Scott Case has left the Charlotte, N.C.-based bank, a...
Transactions: Google Cloud powers Quantum Metric’s gen AI tool
Digital analytics platform Quantum Metric used Google Cloud’s Gemini Pro to launch its generative AI-powered session summarization tool Felix AI...
OakNorth to provide business banking services in UK
Digital bank OakNorth is in the early stages of testing to provide wire banking services in the United Kingdom. ...
Digital bank OakNorth looks to US expansion
Digital bank OakNorth is expanding its business beyond the United Kingdom and into the United States, exploring a merger and...
Morgan Stanley installs AI chief
Morgan Stanley, acknowledging the growing importance of AI in the financial services industry, has named Chief Analytics and Data Officer...
TD Bank deploys virtual reality for training
TD Bank is experimenting with virtual reality to build practical skill sets through controlled customer simulations, leading to improved employee...
Citizens streamlines with Blend ahead of falling interest rates
Citizens Bank is expanding its use of cloud-based banking platform Blend to offer bank customers easier access to credit through...
