Digital banking fintech Savana is in no rush to embed AI into its platform as it prioritizes the decision-making intelligence layer for...

Meta Platforms Inc. said one of its artificial intelligence models accessed the internet and hacked into an outside service’s systems...

Smaller banks are increasingly pumping the brakes on third-party vendor contracts as they realize that building AI internally has become much more feasible.  For example, Nashville,...

Bank of America is increasingly deploying generative AI in its call centers to streamline client call resolution and place new technology into call center employee hands. ...

The world's largest cloud providers used their latest quarterly reports to tell Wall Street the same thing: AI infrastructure spending...

Despite economic uncertainty and low liquidity in certain sectors of the economy, fintech funding has been relatively robust as several AI providers secured money this month. ...

Dollar Bank is prioritizing AI education from the top down — starting with leadership training.  Vice President of AI Innovation Brent Wilson recently completed Massachusetts Institute of Technology’s “Leadership...

Robinhood’s agentic trading tool, launched in May, has over $100 million in assets under custody and 100,000 customers using it.  The Menlo...

The Federal Reserve’s benchmark interest rate held steady on July 29 in a 9-3 vote, as new Chairman Kevin Warsh pointed to surging AI-driven capital investment as a defining feature of the economic...

AI’s decimation of call center jobs has begun. Companies ranging from the Commonwealth Bank of Australia and Microsoft Corp. to Uber Technologies...