How U.S. Bank measures ROI of AI
LAS VEGAS — U.S. Bank is taking a unique approach to measuring ROI on its AI investments: time-stamping how long...
Strategy
Acquisitions bring AI consulting in-house
Management consulting firm Sendero Consulting has acquired digital transformation consulting firm Torq, bringing data analytics, AI and digital strategy in-house....
Vena grows context engine with Morpheo AI acquisition
Toronto-based financial and operation planning SaaS provider Vena Solutions has acquired Morpheo AI, an agentic data platform that structures fragmented...
Microsoft abandons personal AI chatbot race with Copilot reboot
Microsoft Corp. is merging the consumer and workplace versions of its Copilot AI assistant into one product aimed at corporate...
Lloyds keeping ‘eye on’ AI insurance trend
Lloyds Banking Group is closely watching the emerging market for insurance products designed to cover liability related to AI hallucinations. ...
TD commits up to $25M to Cohere partnership to accelerate AI adoption
TD Bank is committing up to $25 million over three years to a strategic relationship with Cohere aimed at accelerating...
C-Suite alignment is ‘most important piece’ of AI puzzle
When a bank’s board demands updates on the escalating AI race between financial institutions, the CEO promises more aggressive tech...
Trump rejects push for international pact to manage risks of AI
Donald Trump dismissed calls for an international agreement to put guardrails around the development of artificial intelligence, brushing off concerns...
Personetics weighs task before choosing what AI model to use
Financial data intelligence company Personetics picks and chooses what kind of AI is used for each task. “You build and...
Grab to buy 60% of Atome Financial for $1.49B in consumer lending push
Grab Holdings has agreed to acquire a 60% stake in Atome Financial for $1.49 billion in cash, a deal that...
