LemonadeLXP wins inaugural Demo Challenge
NASHVILLE, Tenn. — Digital banking service provider LemonadeLXP won the inaugural Demo Challenge at Bank Automation Summit U.S. 2024. Nine ...
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Bank of America’s CashPro Chat reaches 60% adoption
NASHVILLE, Tenn. — CashPro, Bank of America’s business banking platform, is seeing increased adoption as features and services are added. ...
Wells Fargo AI pipeline hits 191 projects
NASHVILLE, Tenn. — Wells Fargo is amping up its artificial intelligence project pipeline. The bank has 191 AI, machine learning ...
BankUnited deploys chatbot for internal searches
NASHVILLE, Tenn. — BankUnited has deployed an AI chatbot to help employees search for information and procedures internally. The deployment ...
Arc sees 12X originations growth after SVB collapse
NASHVILLE, Tenn. — Arc Technologies charted a 12X increase in loan originations year over year in 2023, as it gained ...
Wells Fargo forms internal council on gen AI deployment
NASHVILLE, Tenn. — Wells Fargo has created a generative AI council within the organization to study implementation, development and deployment ...
Fintech Funding: Tough 2023 attributed to ‘cautious’ VCs, high interest rates
Fintech valuations and funding rounds had a tough year in 2023 as high interest rates pushed investors into capital conservation ...
Fintechs look to megabanks a year after SVB collapse
Fintechs are looking to legacy banks with strong portfolios to provide seamless onboarding and digital capabilities following the regional banking ...
Grasshopper CEO previews faster check clearance
Digital Grasshopper Bank will roll out an improved check-clearing process this year to streamline the time between depositing a check ...
CFPB: Open banking update
Consumer Financial Protection Bureau Director Rohit Chopra released an update today on the bureau’s Personal Financial Data Rights rule-sharing based ...
