HSBC appoints Rice as first chief AI officer
HSBC Holdings has appointed David Rice as its first chief AI officer, effective April 1. The new role is intended to centralize leadership ...
Tag: artificial intelligence (AI)
Inside Look: Bank of America’s top-down AI training handbook
Bank of America is focused on training its leaders to use AI as it deploys tools to make operations more efficient. The bank appointed Michael Wynn as the head of its academy for ...
ABNB Federal taps Eltropy AI for member service, communication
ABNB Federal Credit Union is leaning on Eltropy’s AI solutions to drive efficiencies in member service and communication. The $957 million credit union has adopted the fintech’s AI voice agent that ABNB calls Digi, ...
Data infrastructure key for Bankwell’s AI deployment
Bankwell is investing in its data infrastructure in order to achieve the best returns from its AI deployment. “We are investing in building a robust data infrastructure,” Ryan Hildebrand, executive ...
White House unveils AI legislative plan for skeptical congress
President Donald Trump released a national framework for regulating artificial intelligence on Friday, laying the groundwork for Congress to create ...
PayPal builds ‘plug-and-play’ agentic AI platform
PayPal is building an agentic AI platform that allows consumers to buy products through a chatbot. The payments company aims to “provide a plug-and-play ...
Palantir, Moder bring AI automation to mortgage industry
Palantir Technologies and mortgage services firm Moder announced plans to develop an AI-powered platform designed to modernize mortgage operations, signaling ...
Solifi launches AI tool to cut document review times by 70% for lenders
SaaS provider Solifi has developed an AI solution that will significantly reduce the time that auto and equipment lenders spend reviewing documents. The Minneapolis-based fintech’s Document Intelligence tool, which ...
Transaction: Bankwell taps Kobalt Labs for AI-driven compliance management
Bankwell will use fintech Kobalt Labs’ AI-driven solution to improve compliance operations. The $3.2 billion bank had previously implemented AI in functions including SMB lending operations and data analytics, but hadn’t applied it to risk and ...
Launch Credit Union automates 75% of account openings using Clutch AI
Launch Credit Union is using AI to streamline originations, fraud detection, cross-sale strategies and collections. Using AI-driven loan origination and account opening platform Clutch and risk management platform Alloy, ...
