Spend management service provider Ramp today launched its AI token spend management tool, giving finance teams visibility and control over spending across major AI providers.  ...

AI is taking center stage at BNY as it enters the next phase of its transformation.  The $467 billion bank’s engineering team now writes 40% ...

A Texas dealership group is testing AI-driven invoice processing and considering automation across finance and insurance compliance. Autobahn has eight locations ...

Morgan Stanley and Goldman Sachs are focused on providing financing for the current AI development boom — as well as developing the tech for themselves to make operations more efficient.  “Each major tech cycle has produced ...

Citi is seeing high adoption as it deploys AI in nearly all its operations and expects the tech to drive productivity gains.  Citi has brought products including its Payment Express solution and Citi Wealth Advisor Insights platform to market faster because of AI, Chief Executive Jane Fraser said today ...

In its efforts to increase efficiency and reduce headcount, Wells Fargo continues to invest in AI and in the second ...

Bank of America’s AI investments are bearing fruit as its operating leverage surged well above its full-year goal in the ...

International Business Machines Corp. shares slid after the company reported preliminary second-quarter sales that fell short of expectations, attributing the ...

IBM is laying the groundwork for the convergence of AI and quantum computing in financial services by optimizing hybrid algorithms.   The tech giant says that ...

Luis Pinedo departed Santander after nearly 16 years to take a new position with fintech ThetaRay, aiming to lead the ...