When a bank’s board demands updates on the escalating AI race between financial institutions, the CEO promises more aggressive tech ...

Although financial institutions see clear benefits for using AI, measuring return on investment is much murkier.  Of roughly 1,000 financial services firms surveyed, 77% said their AI investments are not delivering measurable ...

The AI race is pushing mergers and acquisitions among fintechs and financial institutions.    M&A opportunities are becoming more enticing to fintechs as they work ...

Rapid advancements of open-source models are prompting financial institutions to pull back on frontier-model usage and reevaluate their AI strategies.   ...

The spotlight is brightening on AI for cybersecurity as financial institutions navigate the technology’s growing risk-reward dynamic.   Banks must view AI in cybersecurity as “a ...

While AI is accelerating charter applications as fintechs work to prove regulatory prowess and accelerate growth, it also opens the door to increased scrutiny.   ...

Smaller banks are increasingly pumping the brakes on third-party vendor contracts as they realize that building AI internally has become much more feasible.  For example, Nashville, ...

Despite economic uncertainty and low liquidity in certain sectors of the economy, fintech funding has been relatively robust as several AI providers secured money this month.  ...

As ROI questions continue to loom over AI in financial services, token optimization and strong change management are becoming fundamental.   Despite ...

Cloud-based technology platform ServiceNow posted a surge in AI contract revenue in the second quarter as the company continued to reinvent itself.   ...