Meta, Microsoft test investors with 89% AI-fueled spending surge
The largest technology companies are betting on an AI future powered by gigantic data centers filled with humming servers. Now ...
Tag: Microsoft
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 ...
Banks replace passwords with QR codes for security, CX
Financial institutions are offering new options to traditional passwords to enhance security and sign-in experiences — and clients are opting ...
UiPath’s agentic AI platform could streamline FI workflows
Software giant UiPath is rolling out an enterprise-grade agentic AI platform designed to serve as a liaison between AI agents, ...
Trump tariffs wipe out nearly $2T from US stock market
Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading on Thursday amid worries that ...
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 ...
FIS revenue up 4% YoY to $2.6B amid growing digital banking adoption
Core provider FIS is looking to M&A and strategic partnerships to expand its next-gen banking offerings in 2025. “We feel ...
ClearBank sees payment processing time drop by 80%
ClearBank is seeing its payment processing time decrease 80% after integrating AI. The Bristol, U.K.-based clearing agency and banking platform ...
Tech giants report growing cloud revenue
Tech giants are reporting growing cloud business as companies around the globe adopt generative AI technology. “This business has ...
Citizens sees up to 20% efficiency gains through gen AI
Citizens Bank has deployed generative AI and automation in operations for activities including coding, customer service and fraud detection, and ...
