Truck lender CEO says not using AI for underwriting gives competitive edge
CAG Truck Capital is among the many lenders that view AI-powered underwriting as a competitive advantage. That’s because it’s not ...
Tag: artificial intelligence (AI)
How FactSet is transitioning from data company to AI solutions company
NEW YORK — The most powerful language model in the world can still be confidently, expensively wrong, and that is ...
SoftBank denies problems meeting AI infrastructure payments
SoftBank Group pushed back on suggestions that it is struggling to fund its sweeping AI infrastructure bets. The investment giant ...
Backbase hires dual CTOs for agentic, digital banking
AI-native banking operating system Backbase today appointed Greg Fahy chief technology officer for digital banking and Deepak Pandey CTO for ...
Banks on the hook for agents’ actions, OCC says
The Office of the Comptroller of the Currency has told its examiners not to treat AI — or super intelligence ...
U.S. Bank launches Protect 360 to find, help remediate personal data risks
U.S. Bank has launched Protect 360 to help clients monitor their credit activity, identify privacy risks and act when necessary. ...
AI creating more risk, opportunity for sponsor banks
Sponsor banks are using AI to monitor their fintech partners’ AI usage while also understanding that the technology is creating ...
Moving to smaller models reduced Santander’s costs by more than 95%
Santander Bank‘s AI model-agnostic approach has been successful as the bank deploys specific models for specific tasks for maximum impact ...
Affirm CEO: Agentic commerce will be messy at first, but AI will learn
Agentic commerce will likely be a bit jumbled and frustrating as developers work out the kinks, but issues will be ...
Goldman’s AI clampdown is really a production problem
Wall Street has spent a week treating Goldman Sachs’ decision to pull AI coding tools from its traders as a ...
