PNC expects AI spend of around $700M in 2026
PNC Bank aims to continue investing in tech and branches by deploying savings gained from AI and automation. The bank plans to expand its branch network in select regions ...
PNC Bank aims to continue investing in tech and branches by deploying savings gained from AI and automation. The bank plans to expand its branch network in select regions ...
Goldman Sachs sees two opportunities from its AI initiatives: driving internal efficiencies and helping clients make more money. The investment bank plans to harness “the tremendous public and private capital fueling ...
Wells Fargo is prioritizing AI and technology investments in 2026 as part of its efficiency initiatives. The company continues to explore new ...
Citi is realizing the effects of AI tech within its operations as its multiyear technology modernization plan is nearly 80% complete. “We’re building AI into the processes that move money, ...
Bank of America saw efficiency gains via AI in 2025 as it was able to boost productivity without adding to ...
JPMorgan Chase’s expenses are expected to rise to roughly $105 billion in 2026, up nearly 9.4% from 2025. Expenses this year will support branches, marketing, technology, real estate and capital markets, according to the $4 trillion bank’s fourth-quarter earnings ...
BNY is expanding its use of AI and has integrated the tech in its multiyear transformation plan to drive growth and efficiency. Eliza, ...
FIS is continuing its investment in AI as it sees higher client retention rates and improving risk management. “We anticipated ...
Cloudflare Inc. shares surged to a record after posting better-than-expected sales figures that topped quarterly and annual estimates, following a ...
Visa Inc. reported fiscal fourth-quarter earnings that topped estimates as consumers continued to swipe, tap and insert their credit cards ...