Banking

BBVA rolls out ChatGPT to almost all employees in OpenAI deal

BBVA is giving almost all of its staff access to OpenAI’s artificial intelligence tools after expanding its partnership with the technology firm. The...

Enova’s tech, data to speed Grasshopper innovations, CEO says

Enova’s $369 million acquisition of Grasshopper, announced Dec. 11, is expected to boost the digital bank’s innovation efforts.  “Enova’s technology and data and analytic capabilities, especially around lending,...

How Citi is building AI from the inside out

Citi is looking inward to identify and develop new AI use cases and deploy existing AI tools within the organization.  Citi has launched two internal programs this year, AI Champions and AI Accelerators, Payal Jain, head of application engineering and...

Fintech Enova International to acquire digital-first Grasshopper Bank for $369M

Publicly traded fintech Enova International (NYSE: ENVA) said today it has agreed to acquire Grasshopper Bancorp and subsidiary Grasshopper Bank in a cash-and-stock...

Nearly 80% of Citi’s workforce has access to AI tools

Citi is deploying AI at scale internally to drive efficiency, with several tools already available to nearly 80% of its team. The $1.6...

Wells Fargo, JPM, Citi, Bank of America share this year’s AI productivity gains

AI is responsible for productivity gains at some of the nation’s largest banks, leaders said at the Goldman Sachs 2025 U.S. Financial Services Conference this...