Erica 2.0 in the works at Bank of America
Bank of America’s AI-driven chatbot is getting an upgrade as the bank plans to double its AI spend in 2027. ...
Tag: News
Fintech funding hits 2-year low in Q3
Fintech funding hit a lull in the third quarter in both dollar and deal volume while the number of unicorns ...
5 noteworthy numbers in Anthropic’s IPO filing
Anthropic is gearing up for one of the biggest IPOs of the modern era, and investors are dissecting the long-awaited ...
Customers Bank employees have access to all 3 major LLMs
While banks weighed which LLM to hitch their wagons to, Customers Bank chose not to choose, opting to develop partnerships ...
SoFi expects AI to increase rate transparency, transactions
Digital bank SoFi is optimistic that AI will boost FI transparency and therefore customer transactions as the technology advances and ...
CaixaBank grows agentic AI capabilities with Google Cloud
CaixaBank will deploy Gemini Enterprise, Google Cloud‘s AI platform, to help employees synthesize complex financial information, automate routine tasks and ...
BMO to benchmark AI accuracy against human accuracy
BMO aims to score AI on the same benchmark as humans to understand its impact. The bank forecasts $1 billion ...
Amex leans into AI-powered insights to personalize offerings
American Express is using AI to deliver more personalized products while preparing for a world of agentic payments. In ...
JPM executive: Businesses better suited for agentic payments than consumers
Businesses are likely better equipped for agentic payments than consumers because contracts and liabilities already are part of B2B payment ...
TD plans to automate nearly 70% of underwriting process
TD Bank is targeting labor-intensive processes for AI deployment as leaders there aim to drive $1 billion in savings and ...
