Banking

Transactions: HSLC, Triad Bank select Vine Financial for automated lending

Two financial institutions have tapped automated lending service provider Vine Financial within the past month.  The $227 million HSLC and the $224 million...

U.S. Bank’s efficiency ratio trends down, clocking in at 59.2% in Q2

U.S. Bank is looking to manage expenses without cutting corners on technology, and its steadily decreasing efficiency ratio is proof of the effort. ...

Red Rocks Credit Union guts its tech stack, switches core

Red Rocks Credit Union is undergoing a digital facelift with a new core and AI implementation.  “We’ve spent the last several years really...

KeyBank identifies 40 AI proofs of concept

KeyBank is continuing its AI and gen AI development pipeline after seeing positive effects on its operations.  “We have roughly about 40 proofs...

Nubank using AI for underwriting, customer service

Nubank is deploying AI within its operations for efficiency gains and to expand its reach globally.  The Brazil-based digital bank posted second-quarter earnings...

Here come the stablecoins – Bank Automation News

Stablecoins are the talk of Wall Street thanks to a wave of recent favorable crypto regulatory activity, especially the landmark bill GENIUS Act,...