Temenos shares gained after the software company lifted its mid-term guidance, pushing back on worries over the impact of artificial ...

Private equity companies are deploying AI experts to identify inefficiencies and additional revenue opportunities.  Tech experts are tasked with learning to “leverage AI to hunt for hidden profits in operations or accelerate profits within  portfolio,” Molly Buxton, principal at data analytics ...

JPMorgan Payments is blending generative AI with machine learning to improve fraud prevention.  “I often joke, we can catch 100% of the fraud by stopping every payment and investigating it, ...

Gen AI provider Anthropic today launched a tool that helps financial institutions modernize their archaic coding language COBOL. AI code ...

LendingClub is leaning on AI-powered underwriting to streamline decisioning without much human in the loop.  The San Francisco-based company’s AI-powered underwriting ecosystem comprises more than 60 production ...

West Michigan Credit Union announced today it has selected Scienaptic AI to automate credit decisioning and expand access to credit. ...

Even as financial institutions begin integrating AI agents into existing payments rails, it might be a good idea to develop ...

Kinective’s AI platform is driving efficiency gains at FIs, with a focus on predictive modeling and malleability.   The fintech, founded in 2023, addresses bottlenecks ...

Thread Bank is gearing up for its next stage of AI initiatives while working to create a blueprint for how smaller FIs should ...

Mortgage lender OCMBC has transferred its AI strategy in-house after several failed projects with vendors.  The Irvine, Calif.-based lender looked to third parties to develop AI projects, including automated underwriting, but the projects were unsuccessful, Thomas ...