Block forecasts first income from AI in Q4
Block anticipates generating its first revenue from AI in the fourth quarter, a milestone for a payments company that has...
Mastercard deepens OpenAI tie-up, betting tokenization will scale agentic commerce
Mastercard has deepened its partnership with OpenAI in an alliance that reaches past its Agent Pay checkout product, the clearest...
Extend building expense management platform powered almost solely by AI
Extend is pushing toward what its chief executive calls “headless expense management” — a model in which administrative work around...
Fintechs launch AI solutions to keep lenders compliant with UAD 3.6
Fannie Mae and Freddie Mac have updated the uniform appraisal dataset to create modern reporting standards for real estate. UAD...
TD doubles same-day mortgage decisions with AI
Deploying AI in its application process has led to a jump in same-day mortgage decisions at TD. The $1.5 trillion...
Hatch Bank’s new CTO sees most AI impact on ‘operational middle’
Hatch Bank has named Jason Garcia chief transformation officer, a new role that folds operations and technology into a single...
Movers and shakers: Barclays appoints first chief AI officer
Barclays has appointed Anita Tanna as its first chief AI officer, tasking her with accelerating AI adoption across the banking...
FIS puts a number on AI trust, lets CFO set the bar
FIS is betting that finance teams will hand more work to AI agents if a bar measuring trust is set. ...
Mistral launches 1-trillion-parameter open weight model
Mistral is launching Mistral Large 4, a 1-trillion-parameter model that the company says is the most powerful open-weight model it...
Erica 2.0 in the works at Bank of America
Bank of America’s AI-driven chatbot is getting an upgrade as the bank plans to double its AI spend in 2027. ...
