Banking

100% of Amex fraud models tap AI, ML

American Express’ credit and fraud models completely use machine learning and AI.  “In fact, the first time American Express used machine learning in...

Inside look: Amex’s capital deployment strategy

American Express is maintaining its capital position while investing in its technology framework, marketing efforts, and merger and acquisition opportunities.  “We want to...

Fintech funding: AI accounts for 30% of $24B Q2 investment

While fintech funding has slowed in recent quarters, companies that focus on AI are attracting investor dollars.  Funding for AI-focused fintechs more than...

TD chief says probes show need for better staff accountability

Toronto-Dominion Bank employees need to take more accountability and act with more urgency on risks, Chief Executive Officer Bharat Masrani said, after the...

78% of regional FIs say AI can help find new business

Regional and community banks are investing in AI for new business opportunities, revenue growth and efficiency gains.   “Financial institutions are quite bullish...

how imported inputs shape UK prices – Bank Underground

Aydan Dogan, Melih Firat and Aditya Soenarjo How does the use of imported inputs in production affect inflation dynamics in the UK? Over the...