Banking

Fiserv shares tumble a record 46% after profit forecast slashed

Fiserv Inc. plunged by the most ever after the fintech slashed its outlook for full-year earnings and announced a broad overhaul of its...

Visa earnings top estimates as consumers spend on cards

Visa Inc. reported fiscal fourth-quarter earnings that topped estimates as consumers continued to swipe, tap and insert their credit cards to transact globally....

Goldman looks to AI to forecast investment potential

Goldman Sachs is developing AI for nuanced processes that go beyond deployment for coding and customer service.   For example, AI struggles with...

Bluevine embeds AI in over 50% of lending ops

Banking service provider Bluevine is embedding AI in more than half it lending operations, and developing multiple AI-driven features to better serve its...

Mastercard, PayPal team up on agentic AI

Mastercard and PayPal are deepening their collaboration to accelerate secure global “agentic” commerce, allowigng AI or other digital agents to complete transactions on...

Change up the model and change up the price of fraud for banks

AI-driven underwriting and claims automation change the math for banks by making fraud a priceable, transferable risk instead of a volatile operating expense.  ...