Academy Bank building gen AI knowledge base
Academy Bank is developing a generative AI knowledge base to make operations more efficient and reduce costs. The $3.4 billion ...
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Transactions: Crest Savings Bank taps Vine for AI-driven commercial lending
Commercial lending has lagged behind other bank processes in terms of digitalization. AI-driven commercial lending accelerator Vine Financial Chief ...
Jack Henry acquires Victor Technologies to strengthen PaaS offering
Jack Henry & Associates Inc. announced today that it has acquired Victor Technologies, a cloud-native, API-first provider of embedded payments ...
Academy Bank taps employees for AI applications
Academy Bank is leaning on employees to suggest AI applications throughout operations. The Kansas City, Mo.-based $3.4 billion bank created ...
Agentic AI drives ROI at financial institutions, Google Cloud finds
Financial institutions are increasingly deploying AI and the latest driver of returns on that investment is agentic AI. Seventy-seven percent ...
Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI ...
Distyl AI raises $175M in series B round to take firms ‘AI-native’
AI solutions provider Distyl AI has raised $175 million in a series B round, hitting a valuation of $1.8 billion. ...
OpenAI teams up with Stripe for agentic commerce
OpenAI today unveiled Instant Checkout, allowing U.S. users of ChatGPT — on free, Plus and Pro tiers — to make ...
EU banks wary of US cloud, AI amid rising geopolitical tensions
Many financial institutions across the pond are looking to reduce their reliance on U.S. tech providers as geopolitical tensions rise ...
FIs take notice as stablecoin adoption expected to jump 54%
Stablecoins have seen a resurgence in use cases since July’s passage of the Genius Act, which set up regulatory guardrails ...
