As ROI questions continue to loom over AI in financial services, token optimization and strong change management are becoming fundamental.   Despite...

Extend, the virtual card and spend management platform, has put AI to work around the clock — especially the hours when...

Banking technology provider CSI has developed a three-tiered AI deployment framework designed to maximize productivity gains while managing runaway token costs.  The Paducah, KY-based company is...

IBM’s software business is taking a hit as its clients focus their spending on AI infrastructure development over software.  The company reported second-quarter revenue of $17.16 billion,...

Advanced Micro Devices Inc. has agreed to invest up to $5 billion in Anthropic PBC as part of a potential...

AI is driving the charge for tech stack and coding language modernization.  Created in the 1950s, Common Business Oriented Language (COBOL) became...

Data centers in the US will account for about 20% of the nation’s electricity consumption in 2035, up from 5.9%...

Although agentic AI and quantum computing are still in their nascent stages, financial services leaders already are identifying ways to fuse the two powerful technologies. ...

Two financial technology companies are taking different approaches to embedding AI into capital markets infrastructure — one through a client-facing research...

Chief Information, Data and Digital Officer Sathish Muthukrishnan is leaving Ally after six and a half years.  “Sathish transitioned into a strategic adviser role in March and Spencer Cremers has...