Gen AI provider Anthropic today launched a tool that helps financial institutions modernize their archaic coding language COBOL. AI code ...

LendingClub is leaning on AI-powered underwriting to streamline decisioning without much human in the loop.  The San Francisco-based company’s AI-powered underwriting ecosystem comprises more than 60 production ...

West Michigan Credit Union announced today it has selected Scienaptic AI to automate credit decisioning and expand access to credit. ...

Even as financial institutions begin integrating AI agents into existing payments rails, it might be a good idea to develop ...

Kinective’s AI platform is driving efficiency gains at FIs, with a focus on predictive modeling and malleability.   The fintech, founded in 2023, addresses bottlenecks ...

Thread Bank is gearing up for its next stage of AI initiatives while working to create a blueprint for how smaller FIs should ...

Mortgage lender OCMBC has transferred its AI strategy in-house after several failed projects with vendors.  The Irvine, Calif.-based lender looked to third parties to develop AI projects, including automated underwriting, but the projects were unsuccessful, Thomas ...

American Express is focused on developing agentic AI commerce this year as well as deploying gen AI for customer experience solutions.  The New York-based ...

ING is planning to embed AI and agentic AI into products, processes and interactions across its retail and wholesale operations.  Agentic AI enables a shift from automation to autonomy with its ability to take ...

BMO is using AI to strengthen frontline performance, compliance operations and data analysis while exploring additional AI applications at scale.   The $1.5 trillion bank’s AI-powered strategy is ...