Banking

Featurespace develops gen AI-driven fraud-fighting tech

Financial institutions are clamping down on fraud by deploying AI tech ahead of holiday season.  Digital payments and check payments are both under threat as gen AI has given fraudsters new ways to commit fraud, for...

Podcast: White Clay CEO Mac Thompson talks 8 steps for AI implementation

Financial institutions are implementing AI at scale, but logistics should be the focus before diving headfirst into emerging technology. Mac Thompson, chief executive of software provider White Clay, tells FinAi...

MidSouth Bank sees fraud loss ratio drop 51% with Casap’s AI tech

MidSouth Bank has tapped AI-driven dispute-management provider Casap to enhance its operational efficiency and weed out fraudulent claims.  Casap’s AI-driven solution helps the $730...

First Citizens Bank Head of AI Ash Kaduskar to speak at FinAi Banking Summit

First Citizens Bank Head of AI Ash Kaduskar will speak at the FinAi Banking Summit on March 2, 2026.  The summit, which takes place March 2-3, 2026, at the Westin Denver Downtown, will bring together...

Revolut notches $75 billion valuation in latest share sale

Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase from the $45...

Valley Bank to roll out AI-driven commercial client servicing

Valley Bank is deploying gen AI tools throughout the organization with a focus on improving its commercial client services and interactions.  The $62 billion bank is working on a gen AI commercial client servicing platform that its employees can use to gain insights...