There is no “one-size-fits-all” approach to making AI-driven decisioning by financial institutions explainable and fair, but lenders want regulators to ...

When Citizens Bank wanted to import data from the financial statements of its commercial borrowers, it turned to intelligent document ...

This week, Bank Automation News discusses comments made by U.S. Federal Reserve Vice Chair for Supervision Randal Quarles’ to the ...

Financial institutions that leverage artificial intelligence (AI) and machine learning (ML) are not in favor of new regulations determining how ...

Moveworks Inc., a startup that helps with employee technology support, is now valued at $2.1 billion, according to founder and ...

The Covid-19 pandemic accelerated a shift toward digital services in banking, a trend that may sound the death knell for ...

Organizations, including those in financial services, are struggling to realize the full value of automation, in part because they’re tentative ...

Underwriting software provider Zest AI has raised $18 million in a funding round led by VyStar Credit Union and the ...

In this week’s episode of “The Buzz,” Bank Automation News discusses banking process automation platform Blend’s IPO plans and how ...

While legal ideas of fairness in credit have been long established by fair lending laws, adding artificial intelligence (AI) into ...