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U.S. Bank increased its technology spend in the third quarter to further digitalize capabilities within its branch network.  “Our strategy...

Bank Automation News is pleased to announce Koren Picariello, an executive director at Morgan Stanley and head of generative AI...

Goldman Sachs is trimming its consumer business in the third quarter, turning its attention to bread-and-butter segments including wealth management,...

Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts.   (Photo/Bank Automation News) The $1.7...

Bank of America clients continued to flock to digital channels in the third quarter as the bank invested in transaction...

Financial institutions can couple AI with “behavioral banking” to grow revenue, industry experts say.  Behavioral banking is a strategy that...

Capital One is offering its AirKey authentication tool to other financial institutions to combat rising fraud.  Built in-house at Capital...

JPMorgan Chase expects AI and other new tech to increase employee productivity but remains wary of AI tech companies’ inflated...

Wells Fargo trimmed its staff and total costs in the third quarter, with efficiency in mind.  “We have maintained strong...

Scotiabank is exploring the use of AI and generative AI to bolster its cybersecurity infrastructure and aims to work with...