Amex makes case for Its AI efforts in wake of stock-drop turmoil
American Express Co. says it’s poised to benefit from the adoption of artificial intelligence in the wake of a report ...
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AI boosts lending efficiencies by structuring data, managing assets
Asset-based lenders are unlocking efficiencies by using AI for structuring data and asset lifecycle management. CHG-Meridian, a global leasing specialist that ...
Former U.S. Bank exec joins Wells Fargo’s commercial banking arm
Prageeth Sandakalum has joined Wells Fargo as executive director of product management, a position that sits at the intersection of product, commercial banking and AI. Most recently, he ...
HSBC appoints Rice as first chief AI officer
HSBC Holdings has appointed David Rice as its first chief AI officer, effective April 1. The new role is intended to centralize leadership ...
Inside Look: Bank of America’s top-down AI training handbook
Bank of America is focused on training its leaders to use AI as it deploys tools to make operations more efficient. The bank appointed Michael Wynn as the head of its academy for ...
ABNB Federal taps Eltropy AI for member service, communication
ABNB Federal Credit Union is leaning on Eltropy’s AI solutions to drive efficiencies in member service and communication. The $957 million credit union has adopted the fintech’s AI voice agent that ABNB calls Digi, ...
Data infrastructure key for Bankwell’s AI deployment
Bankwell is investing in its data infrastructure in order to achieve the best returns from its AI deployment. “We are investing in building a robust data infrastructure,” Ryan Hildebrand, executive ...
Piermont Bank adds chief credit and payments officers
Piermont Bank added to its C-suite in March as the cloud-native bank continues to scale. The bank made the following appointments: Derrick Cornelious, chief ...
White House unveils AI legislative plan for skeptical congress
President Donald Trump released a national framework for regulating artificial intelligence on Friday, laying the groundwork for Congress to create ...
First Internet Bank explores predictive analytics for SBA delinquencies
First Internet Bank interns spearheaded the innovation behind a predictive analytics tool used to determine the likelihood of delinquencies on Small Business Administration loans. “We have an internal tool ...
