Bankers prepare for GDPR-type regulations to take hold in the US
The GDPR bogeyman is now preoccupying bankers in the U.S. The EU's General Data Protection Regulation (GDPR), which took effect ...
Tag: AI
Scenic Advisement’s Leung: Banks aren’t meeting private tech’s needs
The growth of capital in play in the private market is changing how private companies, particularly tech startups, find liquidity ...
BofA’s Bessant: Need to guard against bias in AI banking tools
With the barrage of AI-based banking tools on the market, cultural- and gender-based algorithmic biases are top of mind for ...
BofA’s Bessant: Need to guard against bias in AI banking tools
With the barrage of AI-based banking tools on the market, cultural- and gender-based algorithmic biases are top of mind for ...
BankMobile’s White Label Strategy Takes Form with T-Mobile Partnership
Digital-only bank BankMobile is offering its technology and services to other companies to maximize reach, a ‘white-label’ strategy that offers access ...
FIs Have Big Plans for AI. Supporting Networks? Not so Much
Despite the investment that financial institutions already are making or planning to make in emerging technologies like artificial intelligence, 46% ...
U.S. Congress Launches Task Forces for Fintech, AI
The U.S. House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The ...
Traditional FIs See Fintechs as ‘Significant Threat’ by 2022, Study Says
Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be ...
Adoption of Chatbots on the Rise, But Where to Next?
Adoption of chatbots is on the rise. So are questions about how they can do more. Bank of America reported ...
Citizens Access Adds $1.6 Billion in Deposits in Q1
Citizens Access, the digital-only arm of Citizens Financial Group, has attracted $4.6 billion in deposits through the first quarter of ...
