Most big banks have benefited from releasing reserves they had tucked away as a rainy-day fund in case loans turned ...

The perpetual know-your-client (KYC) model is gaining traction as financial institutions shift to regular identity verification of clients through automation. ...

Automation has provided the financial services industry an efficient, fast and scalable way to operate — but comes with its ...

PayRecs, a business-to-business payments startup, won the first annual Banking Automation Summit DEMOvation Challenge today. The company made it to ...

Citi and TD Bank are exploring ways to build upon simple applications of robotic process automation with optical character recognition ...

Citibank is betting on new technology to penetrate the Mexican fintech market. The $2.2 trillion-asset bank this week invested an ...

Banks are betting on artificial intelligence to change the future of work.  Image via Skan “Much of risk compliance and ...

Automation and improved data governance will be two crucial components of Citigroup’s multiyear modernization of the bank’s infrastructure. Less than ...

Banks are being challenged to meet the evolving payments needs of their fintech clients. During a Sibos panel today, “Friction ...