Hundreds of Lloyds bankers head back to school to learn AI
Lloyds Banking Group Plc has teamed up with the University of Cambridge to train 300 senior staff in artificial intelligence...
AI
Microsoft abandons data center projects, TD Cowen says
Microsoft Corp. has walked away from new data center projects in the US and Europe that would have amounted to...
Human in the loop: Oversight in the age of AI-powered banking
As AI reshapes financial services, human oversight remains crucial for accuracy, fairness and compliance as use cases expand. Bank Automation...
JPMorgan leads quantum computing race
While AI is garnering all the attention when it comes to innovation and funding, major financial institutions are developing quantum...
Jack Ma-backed Ant touts AI breakthrough using Chinese chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by...
Finastra, IBM team up on cloud-based lending solution
Fintech Finastra, has announced an enhanced Lending Cloud Service (LCS) in collaboration with tech giant IBM. (Courtesy/Bloomberg) This strategic partnership...
Plaid CEO: AI agents could soon represent customers
ORLANDO, Fla. — AI agents could soon be moving money from one bank account to another without being queued by...
AI strategy varies by bank size
As AI adoption in financial services takes off, financial institutions are approaching its deployment in myriad ways. Jude Schramm, chief...
UiPath keeps eye on agentic AI prize
Software giant UiPath is focused on developing agentic AI solutions and is working with large enterprises for its mass deployment. ...
Oracle adds agentic AI to anti-fraud platform
Oracle has introduced advanced AI agents and agentic workflows to its Investigation Hub Cloud Service, enabling financial institutions to streamline...
