American Express buys Hyper to boost AI-driven expense management
American Express has agreed to acquire Hyper, an AI startup specializing in expense management, as the company expands its AI ...
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U.S. Bank CEO breaks down top priorities, including AI-native efforts
U.S. Bank Chief Executive Gunjan Kedia is prioritizing revenue growth, strengthening its consumer and small business franchise, and becoming AI-native. “We’re very focused on what ...
AI gives Bank of America ‘places to go we haven’t gone’
Bank of America plans to embed AI and agentic AI into additional client-facing platforms as its digital transformation advances. The $3.5 trillion bank foresees ...
Trinity Bank to deploy AI-driven solution to fight fraud
SAN DIEGO — Trinity Bank is set to deploy BioCatch, an AI-driven behavioral biometric platform, to strengthen fraud prevention across its digital banking channels. The $550 million ...
Wells Fargo head of digital, data, AI weighs in on digital milestones
Wells Fargo reported strong adoption of digital and mobile banking channels in the first quarter. The bank posted 33.5 million mobile ...
Citi ‘methodically’ deploying AI at scale
Citigroup is taking a phased approach to maximize AI advancements while eyeing agentic AI’s long-term potential. The $2.8 trillion bank is “methodically deploying ...
JPMorgan intends to make money movement easier in 2026
JPMorgan Chase continues to grow its wealth management business, prioritizing the ease of money movement. “In 2026, we intend to make it ...
Alkami to tap third-party data providers to enable FIs in client acquisition
SAN DIEGO — Alkami is expanding its data strategy to include third-party providers in a bid to help financial institutions move beyond cross-selling and into client acquisition. The ...
OpenAI to acquire Hiro Finance
OpenAI is set to acquire AI-powered personal finance startup Hiro Finance, Hiro announced April 13. The San Francisco-based startup was founded in 2024 by Ethan ...
Goldman AI initiatives rest on cloud, data investments
Goldman Sachs plans to double down on the “foundational elements” of its infrastructure to execute its AI strategy. The $2.1 trillion financial services giant is accelerating investments in cloud migration ...
