Financial services executives see Capital One’s planned acquisition of AI driven spend management and business banking service provider Brex as good for the industry. “Increasingly companies see financial services ...
Sonata Bank is emphasizing AI practicality and selective vendor partnerships to propel its “digital-first” strategy as a community bank. Brentwood, Tenn.-based ...
JPMorgan is deploying AI to fight fraud in real time in its growing payments business. To do so, J.P. Morgan Payments is using a combination of advanced technologies and robust processes, Head ...
Provenir is integrating AI to help FIs monitor changing economic situations. The risk analytics and decisioning platform provider plans to deploy gen AI-driven capabilities in the first quarter ...
Affirm Holdings Inc. said it applied for a limited bank charter to help roll out additional financial-technology products for the ...
Mortgage lender Newrez is expanding its use of AI to address the pain points in underwriting processes, marking the next step of ...
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for ...
Financial institutions are prioritizing open-source gen AI models for operations. Open-source AI models are public, making them more customizable compared with closed-source models, in which only the creator can make appreciable changes. Open-source models also can run locally without external connection. Eighty-four percent of FIs prefer open-source models, ...
PayPal Holdings announced today it has agreed to acquire Cymbio, a multichannel commerce platform, as it moves to expand its ...
Citizens Bank is focused on 50 tech-driven initiatives encompassing several AI applications as part of its “Reimagine the Bank” program. The program, launched in July 2025, ...
