Goldman Sachs plans to double down on the “foundational elements” of its infrastructure to execute its AI strategy. The $2.1 trillion financial services giant is accelerating investments in cloud migration ...
Scotiabank has introduced Scotia Intelligence, an initiative aimed at accelerating its AI strategy and equipping employees with secure data and ...
Fintech Verituity is using AI to reduce B2B and B2C payments fraud and errors by an average of 75%. Verituity, which automates and verifies digital payouts ...
As Bank of America deepens its AI investments, its CashPro business banking platform is increasingly positioned as being not just for payments, but as an intelligent, secure hub for managing corporate ...
Financial institutions are tapping AI to monitor systems for issues that could trigger outages. “Outages in financial services are rarely caused by a single-point failure,” Andy Schmidt, ...
Citi is training its global workforce in gen AI through a structured approach designed to embed the technology into everyday operations. Citi has rolled out its internal AI ...
BMO Financial Group is launching the BMO Institute for Applied Artificial Intelligence & Quantum, an enterprisewide center aimed at accelerating ...
The rise of artificial intelligence is prompting fears of widespread job cuts across finance, but European bank executives don’t expect that to ...
Agentic AI seems poised to revolutionize financial services, although there are risks that could stymie its momentum. The U.S. market ...
Citizens Bank is driving generative AI adoption by embedding the technology into employees’ day-to-day workflows, rather than treating it as a standalone tool. ...
