Banking

Citi Ventures’ Jelena Zec to speak at FinAi Banking Summit

Jelena Zec, director of venture investing at Citi Ventures, will speak at the inaugural FinAi Banking Summit in Denver on March 3, 2026.  FinAi...

Amazon inks $38B deal with OpenAI for Nvidia chips

Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares...

Inside look: How Bank of America developed AskGPS

Bank of America has launched a generative AI assistant to redefine efficiency in its global payments solutions division.  The gen AI assistant, AskGPS...

Deloitte: Banks need overarching vision for AI adoption

Banks in the United States are continuing their investment in AI, which will have both short- and long-term effects on their efficiency ratios. ...

Cloudflare shares rise to record after beating sales outlook

Cloudflare Inc. shares surged to a record after posting better-than-expected sales figures that topped quarterly and annual estimates, following a reorganization and the...

HSBC: AI use in treasury functions can boost efficiency by up to 70%

Financial institutions are deploying AI in nearly all back-office functions and are showing improved efficiencies in operations.  Deployment of AI within treasury management...