Gen AI boosts analysis of unstructured data
Generative AI allows banks to analyze unstructured data, which makes up about 80% of all data within financial institutions — ...
Tag: Citi
Citi reduces costs, invests in tech
Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts. (Photo/Bank Automation News) The $1.7 ...
Movers and Shakers: Exec changes at TD
TD Bank announced a flurry of executive changes, including the retirement of its chief executive and the CEO of TD ...
StanChart invests in fintech M&A company, joining Citi, BNP
Standard Chartered Plc will take a stake in United Fintech Group, becoming the fourth large bank this year to invest in ...
Citi stays course on tech modernization, simplification
Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the ...
Citi fined $136M for failing to fix regulatory issues
Citigroup Inc. will pay almost $136 million in fines to US bank regulators over issues related to data-quality management and ...
Transactions: Avidia Bank selects Q2, Personetics for digital banking services
Hudson, Mass.-based bank Avidia Bank has selected digital banking service provider Q2 to improve its digital banking capabilities. The ...
Citi leader talks payments-as-a-service
Payments go beyond the transfer of money, and financial institutions can customize each step of the process through vendor selection. ...
FIs can tap ISO 20022 data for AI-driven insights
Financial institutions can look to ISO 20022 standard for payments data to identify patterns in payments and transactions to more ...
Citi launches real-time funding solution to keep up with RTP adoption
Citi added to its treasury product portfolio this week with the launch of Citi Real-Time Funding to help business clients ...
