Listen: Automation, data management key focus at auto lending conference
Automation, data management and compliance strategies were a focus of discussion last week at the Auto Finance Innovation and Auto...
Retail Banking
Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank...
Decisioning data crucial for Chase risk management strategies
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making...
Capital One continues to grow card business, auto book
Capital One's focus on digital tools and dealer relationships contributed to increased auto originations in the first quarter as the...
By the Numbers: 90% of lenders to invest in AI within 5 years
Loan origination systems driven by artificial intelligence (AI) are becoming table stakes among U.S. lenders. Ninety percent of lenders plan...
Fintech Funding: QuadFi secures $100M for alternative digital lending
Canadian digital lender QuadFi has raised $100 million in debt financing, the fintech announced Wednesday. QuadFi, founded in 2015, uses...
Truist reports 7M heritage clients converted to its new ecosystem
Truist reported a busy quarter, noting it completed its largest core bank conversion event in February and brought 7 million...
Goldman Sachs’ tech and communications spend climbs 13% YoY
Goldman Sachs spent $424 million on technology and communications during the first quarter, a 13% year-over-year increase and 1% decrease...
Wells Fargo adds 500K mobile customers in Q1
A rebuilt banking platform and focus on digital experience led to 500,000 new mobile customers in the first quarter for...
Fintech Funding: Banks make bank
The big money in funding this week went to banks, with Ziraat Bank, a state-owned Turkish bank, securing a syndicated...
