DOJ directs CFPB to ask Congress for money
The Consumer Financial Protection Bureau may run out of money to operate in early 2026 after the Department of Justice’s ...
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Citizens: Gen AI improves code conversion efficiency by up to 80%
Citizens Bank is gaining efficiency in multiple processes since deploying AI and plans to build on those gains with multiple ...
MUFG ties up with OpenAI to accelerate AI use in bank services
Japan’s largest bank announced a tie up with OpenAI to accelerate its use of artificial intelligence, including in a new ...
Fed’s Barr calls for guardrails as financial sector adopts AI
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks ...
Sunwest Bank’s new CTO takes charge of AI efforts
Sunwest Bank is amping up its AI roadmap with a new chief technology officer and multiple proofs of concept in ...
Inside Look: How to build an ‘AI-native’ bank
Israel-based esh Bank is on its way to building an “AI-native” bank that shares the revenue it generates from making ...
AI-enabled fintechs rake in 23% of all Q3 fintech funding
AI-driven fintechs were the top recipients of funding during the third quarter, while financial advisory and wealth tech fintechs registered ...
Taxes, talent add to draw for fintechs to expand AI ops in Ireland
At least six fintechs have said over the past five months that they will expand their AI and fintech operations ...
Lloyds tasks 7,000 staffers with testing out AI assistant
Lloyds Banking Group Plc is using thousands of its staff as guinea pigs for an AI financial assistant it’s designed ...
Fenergo names Hishaam Caramanli as president, COO
Fenergo, a global provider of AI-powered client lifecycle management and financial crime compliance technology, has named Hishaam Caramanli as president ...
