FIS exits Worldpay, buys Global Payments’ issuer solutions
FIS has announced a significant reshaping of its business with two strategic moves: the sale of its remaining 45% stake ...
Tag: artificial intelligence (AI)
90% of Bank of America employees use AI
Bank of America is deploying AI and gen AI throughout its operations to gain efficiency and allow employees to focus ...
Survey reveals 75% of banks exploring gen AI use
Nearly 75% of banks are actively exploring the deployment of gen AI technologies according to a Temenos report published today. ...
300 Lloyds execs grab backpacks for AI training at Cambridge
Lloyds Bank is training its top executives on AI so they can better work with AI-driven tools as the bank ...
Hundreds of Lloyds bankers head back to school to learn AI
Lloyds Banking Group Plc has teamed up with the University of Cambridge to train 300 senior staff in artificial intelligence ...
Microsoft abandons data center projects, TD Cowen says
Microsoft Corp. has walked away from new data center projects in the US and Europe that would have amounted to ...
Transactions: Extend, Visa expand partnership
Spend management service provider Extend has expanded its relationship with payments giant Visa to grow its consumer base. (Courtesy/Bank Automation ...
JPMorgan leads quantum computing race
While AI is garnering all the attention when it comes to innovation and funding, major financial institutions are developing quantum ...
Jack Ma-backed Ant touts AI breakthrough using Chinese chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by ...
Finastra, IBM team up on cloud-based lending solution
Fintech Finastra, has announced an enhanced Lending Cloud Service (LCS) in collaboration with tech giant IBM. (Courtesy/Bloomberg) This strategic partnership ...
