BMO taps document AI for lending workflow automation
CHARLOTTE, N.C. — Unstructured data in documents is an automation focus for the Bank of Montreal. The $773 billion bank ...
Tag: artificial intelligence (AI)
BMO uses fraud analytics platform Pindrop to improve security
CHARLOTTE, N.C. — The Bank of Montreal saw improvements in its fraud monitoring once it started using the Pindrop platform ...
Inside Look: Scotiabank’s cloud-based wealth management tool
Scotiabank has launched a new cloud-based wealth management tool for both advisors and retail customers that leverages artificial intelligence (AI) ...
AI-driven auto originations hit $4.1B through Upstart in 4Q
Artificial intelligence (AI)-based lending platform Upstart expects to facilitate $1.5 billion in auto loans on its platform in 2022 on ...
Why 2022 is the year for data exploration at banks
It goes without saying that the rate at which banks have embraced digitization in the last 24 months has been ...
Listen: How banks can de-bias models to stay ahead of potential AI regulations
The most common mistake that companies make with the data when de-biasing artificial intelligence models is to remove obvious indicators ...
Bank of America launches cash-forecasting tool for businesses
Bank Of America Corp. created a forecasting tool that allows businesses to better manage their use of cash. The service ...
Listen: The top five Bank Automation News podcasts of 2021
Banks, bots and artificial intelligence (AI) were the major automation themes across Bank Automation News’ most popular “The Buzz” podcasts ...
Commercial loan automation vendor Numerated acquires financial spread fintech
Boston-based startup Numerated, which automates commercial loan generation, has acquired Fincura, Inc., a spreading automation and financial analysis fintech. The ...
4 risks new tech creates for banks
While some banks are beginning to embrace cryptocurrency and other innovations in the decentralized finance space, financial institutions should be ...
