Banking

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...

Mastercard to enable agentic AI payments for all US issuers by yearend

Card giant Mastercard plans to provide its AgentPay gen AI solution to all its card issuers as demand and use cases for agentic...

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...