Commonwealth automates majority of underwriting with AI
Commonwealth Credit Union is using Zest AI’s underwriting solution to speed up customer service and improve risk modeling and accuracy ...
Tag: AI
How AI and ‘behavioral banking’ boosts FI revenue
Financial institutions can couple AI with “behavioral banking” to grow revenue, industry experts say. Behavioral banking is a strategy that ...
JPMorgan Chase warns of inflated AI tech valuations
JPMorgan Chase expects AI and other new tech to increase employee productivity but remains wary of AI tech companies’ inflated ...
AI accounts for 31% of VC funding in Q3
Global venture capital funding took a hit in the third quarter, but AI startups accounted for 31% of all global ...
Bank Automation Summit U.S. 2025 agenda goes live
Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2025 will be held March 3-4 at the ...
Gen AI to boost customer loyalty, Forrester says
Financial services providers are exploring generative AI uses for coding, customer service and document automation and FIs are looking to ...
25 questions financial institutions are asking about gen AI
Financial institutions are exploring generative AI through their own center of excellence initiatives, pilot programs and internal applications. However, ...
Fintech funding: Citi Ventures cautious of AI hype
Citi Ventures is aware and wary of a potential hype cycle relating to AI and aims to avoid investing in ...
KeyBank business clients under ‘pressure’ to implement AI
Middle-market businesses are tapping AI and automation to expand their operations in the short term. Fifty-four percent of middle-market businesses ...
AI, open banking to boost consumer credit access
AI coupled with an open banking framework provides better access to credit for consumers. The technology presents an opportunity for ...
