Bank of England warns CHAPS payment system experiencing delays
The Bank of England warned that its CHAPS service — one of the largest high-value payment systems in the world ...
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Truist cuts core tech, operations jobs
Truist cut jobs in core technology and operations following more recent pullbacks on tech at the institution. “We recently notified ...
Transactions: TD selects Cohere for AI model testing
TD Bank has selected AI-solutions company Cohere to test its AI and large language models and improve their reliability. Cohere’s ...
Ally invests in data, analytics in Q2
Ally Financial continues to invest in its digital capabilities as clients gravitate toward its online channels. “We’ve made significant investments ...
U.S. Bank developing payments tech for SMBs
U.S. Bank expects revenues from its payments segment to continue to climb as it develops and deploys technology for small- ...
HSBC’s new Mandarin-speaking CEO reveals British lender’s deepening Asia pivot
HSBC Holdings Plc staff entering Georges Elhedery’s office in Dubai used to joke that it felt like walking into a ...
Morgan Stanley using AI to grow adviser operations
Morgan Stanley is using AI to improve efficiency and deepen the relationship between its advisers and customers. The bank is ...
Bank of America taps AI to keep clients happy
Bank of America continued to see digital adoption grow during the second quarter while keeping up with the digital needs ...
Inside look: EverBank’s technology strategy
EverBank considers strong platforms and API-first integrations when selecting third-party vendors to modernize operations. “If we build good platforms ...
Goldman optimistic about AI financing
Goldman Sachs is recognizing opportunities for AI-related financing activities as companies continue to adopt the technology. “Recently, our board of ...
