1 in 5 Bank of America patents AI-focused
To keep up with consumer demand for digital capabilities, Bank of America’s inventors focus on solving client problems and removing...
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Open banking: An opportunity for banks to sell data
Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the...
Mastercard implements executive oversight on gen AI
To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well...
TD rolls out Tap to Pay for iPhone
TD Bank is targeting microbusiness payments with the launch of its Tap to Pay solution that helps turn iPhones into...
Academy Bank’s AI playbook
Academy Bank is investing in AI this year to ensure that its operations are more efficient and more useful for...
Transactions: JPM subsidiary buys LayerOne Financial
JPMorgan subsidiary Neovest Holdings has acquired investment management company LayerOne Financial for an undisclosed sum. Neovest, a fintech for brokers...
5 questions with … Google Cloud’s James Dean
James Dean, global generative AI specialist and financial services industry lead at Google Cloud, will speak at Bank Automation Summit...
Dave posts first quarterly profit since going public
For the first time since going public in 2022, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted...
Why Fifth Third is forgoing in-house AI development
Technology buzz, both inside and outside the banking industry, is centered on innovation — including the ongoing ramp of cloud...
Lloyds prioritizes cybersecurity, regtech investment
Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain...
