Promise and peril: Fairness in AI-based lending
Artificial intelligence has revolutionized credit decisioning. What was once a slow, manual and subjective process is becoming highly automated, and ...
Tag: AI
Barclays employs automation for CX, cost cuts
Barclays PLC is looking to increase its investment in technology and automation to improve customer experience and reduce costs. The ...
Global Startup Cities Podcast: AI assists merchants on chargebacks
Processing chargebacks has long been a time-consuming manual operation for e-commerce merchants, but now AI can be utilized to streamline ...
IBM software revenue up 7% YoY
IBM’s software revenue grew in the second quarter as clients leaned on hybrid cloud and AI platforms. The tech giant’s ...
Citizens boosts tech spend 9% YoY in Q2
Citizens Financial is exploring automation and AI opportunities within the bank through its Top 9 efficiencies program. The new technology will ...
Wells Fargo ups tech spend 19% YoY
Wells Fargo focused on tech spend in the second quarter as headcount continued to shrink amid a push to reduce ...
BNY Mellon’s technology arm to migrate to the cloud
BNY Mellon’s technology arm, Pershing X, is looking to migrate its data and applications to the cloud to scale its ...
Smaller FIs look to FiVerity for anti-fraud data sharing
In one week in April, Metro Credit Union received more than 450 fraudulent account opening applications. Using manual processes, fraud ...
TD explores AI-driven predictive insights
TD Bank is enhancing its personal finance management tools and looking to AI-driven predictive analytics to help consumers control their ...
HSBC targets cyberthreats with quantum computing
HSBC is increasing its investment in quantum computing innovation after teaming up with Quantinuum in May. The $3 billion bank ...
