Transactions: Crest Savings Bank taps Vine for AI-driven commercial lending
Commercial lending has lagged behind other bank processes in terms of digitalization. AI-driven commercial lending accelerator Vine Financial Chief ...
Tag: artificial intelligence (AI)
Academy Bank taps employees for AI applications
Academy Bank is leaning on employees to suggest AI applications throughout operations. The Kansas City, Mo.-based $3.4 billion bank created ...
Agentic AI drives ROI at financial institutions, Google Cloud finds
Financial institutions are increasingly deploying AI and the latest driver of returns on that investment is agentic AI. Seventy-seven percent ...
Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI ...
Distyl AI raises $175M in series B round to take firms ‘AI-native’
AI solutions provider Distyl AI has raised $175 million in a series B round, hitting a valuation of $1.8 billion. ...
EU banks wary of US cloud, AI amid rising geopolitical tensions
Many financial institutions across the pond are looking to reduce their reliance on U.S. tech providers as geopolitical tensions rise ...
New risk network supports fight against AI-powered fraud
As AI improves, it is opening the door for better risk mitigation — but also for increasingly sophisticated fraud schemes ...
Citi Ventures adds agentic AI startup to investment portfolio
Citi Ventures is looking at agentic AI startups as a compelling area for investment. Agentic AI “could reimagine workflows across ...
81% of consumers open to using agentic AI for payments
The payments industry is undergoing a major overhaul as AI takes center stage. Agentic AI is likely to reshape day-to-day ...
FinAI fintech funding: Agentic AI startup reaches $386.3M in funding
Compliance provider WorkFusion’s latest funding round indicates growing industry demand for fraud solutions and interest in agentic AI. On Sept. ...
