M&T Bank’s chief data officer: Microsoft’s AI solutions key to strategy
M&T Bank is tapping Microsoft for its AI solutions due to the tech giant’s maturity, expertise and ability to access ...
Tag: data
Startup Datalinx AI joins Databricks AI Accelerator Program
Data refinery fintech Datalinx AI has been selected as one of five participants in the inaugural cohort for data intelligence ...
U.S. Bank’s efficiency ratio trends down, clocking in at 59.2% in Q2
U.S. Bank is looking to manage expenses without cutting corners on technology, and its steadily decreasing efficiency ratio is proof ...
Podcast: New Fintilect CEO Soergel on the richness of transactional data
Access to transactional data provides the richest insights for personalized banking experiences. “What are paying, how are they paying, what ...
Microsoft abandons data center projects, TD Cowen says
Microsoft Corp. has walked away from new data center projects in the US and Europe that would have amounted to ...
Fintech funding: DataDirect Networks secures $300M from Blackstone for AI
Strategic investment fund BankTech Ventures is optimistic that fintech funding will bounce back this year after stalling in 2024. BankTech ...
CFPB requests public comment on consumer privacy protections
The Consumer Financial Protection Bureau published a “request for information” today asking the public to comment on data privacy protections ...
Top 5 open banking stories of 2024
The long-awaited Section 1033 rule on open banking was finalized by the Consumer Financial Protection Bureau on Oct. 22, and ...
Editors’ Picks: Top 3 features of 2024
Each month, the Bank Automation News editorial team reports on themes and trends that are dominating conversations within the bank ...
94% of FIs expect higher data spend in 2025
Financial institutions are bracing for higher data budgets in 2025 primarily driven by cloud infrastructure and AI technology. Nearly 94% ...
