Banking

Agentic AI: The next frontier in financial services

Financial institutions are increasingly deploying agentic AI instead of general AI models, but approaching the tech cautiously.  Some 33% of enterprise applications in...

Envestnet to offload Yodlee to private equity firm STG

Wealthtech giant Envestnet has entered into an agreement to sell data analytics arm Yodlee to private equity firm STG.  The financial data aggregator...

Citizens fights check fraud with AI, consumer education

Citizens Bank is helping businesses transition to digital payments and using AI and consumer education to fight check fraud.    Ninety-one percent of...

4 companies tap U.S. Bank for embedded payments

U.S. Bank has brought its embedded payments offerings under one umbrella on the new U.S. Bank Embedded Payments Solution Platform launched this month,...

FIs must comply with new ‘on behalf of’ payments rules

The Clearing House has implemented revised rules for “on-behalf-of” payments on its Real Time Payments network.  On-behalf-of (OBO) payments are payments on the...

15 questions FI leaders ask about agentic AI

Manual processes still play a role in the financial services industry, making them ripe for change.  And though Mastercard, Citi and Temenos are...