Fintech funding saw a sharp rebound during the second quarter worldwide, raising the most money in Q2 since 2022.  During ...

Nvidia posted record earnings, beating analyst expectations while brushing aside circular financing claims and shrugging off emerging chip manufacturer concerns.  ...

Royal Bank of Canada directed AI investments toward wealth management, asset management and consumer banking segments in its fiscal third quarter.   The bank ...

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for ...

Identity and access management company Okta has closed on its acquisition of Permiso Security. San Francisco-based Okta provides cloud-based software ...

Fifth Third Bank is using AI to enhance processes spanning underwriting, portfolio management, marketing and customer experience, and Jay Budzik is playing a ...

Collections platform Akuvo signed 12 credit unions to its platform in the second quarter, including Arise Financial.  The $3.5 billion Arise Financial, formerly Rockland Federal Credit Union, selected Akuvo for its AI knowledge in ...

Patelco Credit Union has invested in Payfinia and is working with the company to improve its real-time payments infrastructure and ...

Scotiabank reported a 95% adoption rate for Scotia Navigator, its AI assistant launched in April to support employees with research, ...

Although financial institutions see clear benefits for using AI, measuring return on investment is much murkier.  Of roughly 1,000 financial services firms surveyed, 77% said their AI investments are not delivering measurable ...