Generative AI allows banks to analyze unstructured data, which makes up about 80% of all data within financial institutions — ...

Fifth Third Bank’s overall noninterest expenses increased in the third quarter driven by higher technology and communication spend.  (Courtesy/Fifth Third) ...

KeyBank’s cloud migration costs contributed to increased computer processing spend despite total noninterest expense slightly declining in the third quarter.  ...

Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts.   (Photo/Bank Automation News) The $1.7 ...

Citigroup Inc. plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake ...

State Street saw 22% year-over-year growth in revenue from deployments of Charles River Development (CRD), a front-office software firm it ...

There is an urgent need to automate corporate actions but challenges surrounding proprietary and legacy technologies, and data quality are ...

Bank of America is on pace to shatter last year’s record for most patents granted, with the majority of this ...

  The splintering of financial services is no longer something that might happen or will happen – this has happened, ...

We’ve been doing digital banking for a while now, right?  For over twenty years online banking has existed as a ...