Banking

Truist names Pascal Belaud chief AI and data officer

Truist has appointed longtime Microsoft executive Pascal Belaud as its chief AI and data officer, the company said Nov. 19. He will begin...

Ipava State Bank taps Vine for AI-driven underwriting platform

Ipava State Bank has selected Vine Financial’s commercial lending accelerator to transform its underwriting process through artificial intelligence, the Austin, Texas-based fintech announced...

how household debt can amplify the effect of rising rates – Bank Underground

Tuli Saha and Alexandra Varadi High levels of household indebtedness can amplify negative economic shocks, if highly indebted mortgagors make larger cuts to spending...

Podcast: Austin Capital Bank CEO Erik Beguin on AI-driven fraud

Fraud is on the rise, and AI is contributing to both the solution and the problem.  “Fraud is a really large problem and growing...

Inside look: Citi’s ‘Four S’ AI strategy to maximize ROI

NEW YORK — Citi is deploying AI not as an additional layer in its tech stack but rather building its modern applications on...

How AI could deliver a 21st-century regulator and a more efficient financial system

When I first joined the Consumer Financial Protection Bureau, we were still building the agency from the ground up: its mission, its systems,...