Ally Financial names Rhodes as CEO
Ally Financial named a new chief executive today, ending a three-month search. Michael Rhodes, CEO, Ally Financial Michael Rhodes will take the...
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The Power of Machine Learning in Transaction Monitoring
In the banking industry, transaction monitoring stands as a critical pillar of defense against fraud, money laundering, and other illicit...
MSUFCU: Failure is a key part of innovation
Financial institutions should expect to fail when exploring new technologies, Ami Iceman Hauter, chief research and digital experience officer at...
nCino acquires DocFox to accelerate platform expansion
Technology provider nCino is looking to create a single platform in the cloud that offers deposits, business loans and personal...
European Transactions: Nationwide to acquire Virgin Money for $3.7B
Swindon, U.K.-based Nationwide Group has offered to acquire U.K.-based financial institution Virgin Money for 2.9 billion pounds ($3.7 billion) in cash,...
Visa adds new AI tools to help fight digital fraud on payments
Visa Inc. is adding three new AI-powered fraud-prevention tools to its suite of products for business clients as the credit-card...
Podcast: Mastercard developing gen AI tool for businesses
Payments behemoth Mastercard this year plans to launch a generative AI tool that will cater to businesses. Entrepreneurs looking to...
KeyBank focuses on gen AI COE
KeyBank is establishing a generative AI center of excellence to navigate the new technology before it is regulated. “One of...
Next-gen Financial Document Processing: A Must for Modern Banking
Document processing is a routine task in the finance industry, but does it have to be manual? In an era...
Junior, senior coders split on the use of gen AI
PNC Financial Services’ junior and senior coders are split on how much they can rely on generative AI for code...
