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...
Nvidia: Multi-agentic AI workflows will be in focus for financial services in 2026
Nvidia is seeing continued adoption of agentic AI and expects multi-agentic AI workflows to be deployed at a vast scale in 2026. “For...
Commonwealth Bank of Australia builds 20 AI agents in 2 weeks
Commonwealth Bank of Australia has been able to streamline innovation through a two-week sprint or AI hackathon. The bank, which services 17 million...
Cloudflare outages spur concern among banks about AI resiliency
Financial institutions are concerned about the resiliency of their AI operations after core internet service provider Cloudflare suffered its second outage in a...
Block expects profit growth to accelerate over next three years
Block Inc. expects profit growth to accelerate over the next three years as Jack Dorsey’s payments firm anticipates launching products at a faster...
PNC using agentic AI in software development
CHICAGO — PNC is introducing agentic AI into software development and seeing tangible returns, Charaka Kithulegoda, chief information officer and executive vice president...