Prevail Bank says it will save staff 100+ hours annually with Jack Henry’s AI
Prevail Bank is expecting big returns from AI after selecting fintech Jack Henry as its core banking technology provider. The Medford, Wis.-based mutual bank is most ...
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AI can help with both hiring and attrition
While many U.S. banks race to deploy AI tools, some bank executives say the biggest workforce impact will be how ...
Bessent blasts US hyperscalers for failure to tout AI benefits
Treasury Secretary Scott Bessent blasted the US companies ramping up investment in artificial intelligence, faulting them for failing to build ...
Palo Alto Networks: ‘Platformization’ fused with frontier AI critical to cybersecurity
Cybersecurity company Palo Alto Networks believes successful cyber-defense must fuse “platformization” and AI tools to enable machine-speed remediation as agentic ...
AI data center spending to reach $32T by 2050, PwC says
Global data center spending is set to reach $31.6 trillion through 2050 to meet the world’s growing appetite for AI, ...
Experts: Strike balance between cloud, on-premises AI
The playing field is leveling between cloud-based AI and on-premises AI in financial services, forcing institutions to strike a balance between ...
5 questions with … BMO Head of Enterprise Fraud Management Spencer Shea
AI is increasing the speed and scale at which bad actors can defraud banks and account holders, forcing banks to ...
nCino aims to trim mortgage origination costs by more than 16%, CEO says
Tech provider nCino aims to develop and deploy AI tools that not only boost efficiency of its financial institution clients ...
Felix Pago raises $200M to expand into financial services
Money-transfer startup Felix Pago raised $200 million to expand beyond remittances and offer services such as lending and savings to ...
Google Cloud uses Deutsche Bank to hone its finance agent
Google Cloud is expanding its financial services specific agentic AI tools as it makes a deeper push into the industry ...
