94% of FIs expect higher data spend in 2025
Financial institutions are bracing for higher data budgets in 2025 primarily driven by cloud infrastructure and AI technology. Nearly 94% ...
Tag: artificial intelligence (AI)
Valley Ventures invests in fintechs it can use
Valley Ventures, the investment arm of Valley Bank, invests in fintechs that can be integrated into its operations. Nearly 50% ...
Open banking: Decoding Section 1033
Ten years in the making, the Consumer Financial Protection Bureau’s recently finalized open banking rule is making waves. The rule, ...
Nvidia using AI to make AI chips
Chip making giant Nvidia is using AI software to make AI hardware to keep up with demand for custom chips ...
Inside Varo Bank’s gen AI co-pilot build-out
Varo Bank is building generative AI co-pilots by tapping internal tooling and Amazon Web Services. The $486 million digital, cloud-first ...
Clearview FCU to save 6K working hours through RPA
Clearview Federal Credit Union has seen positive returns on its automation processes and aims to deploy AI to drive further ...
Ally saves $30M annually through automation
CHARLOTTE, N.C. — Ally Financial is deploying automation to boost efficiency and modernize processes to improve customer experience. The $196 ...
Financial institutions gear up for a credit boom with AI
Financial institutions are bolstering their credit offerings to capitalize on lower interest rates. Card-issuing platform Marqeta is developing new solutions ...
Nvidia developing a full-stack gen AI strategy for FIs
Chipmaker Nvidia is executing a full-stack gen AI strategy to expand its services to the financial services industry, evidenced through ...
Grasshopper CTO Peter Chapman to speak at Bank Automation Summit 2025
Grasshopper Bank Chief Technology Officer Peter Chapman will speak at Bank Automation Summit U.S. 2025 in Nashville, Tenn. Chapman will ...
