Banking

Fifth Third to buy Comerica in the year’s biggest US bank deal

Fifth Third Bancorp agreed to buy Comerica Inc. for about $10.9 billion in stock, the largest US bank deal this year and a...

Fintech Ramp launches fraud fighting, bill payment AI agents

Spend management platform Ramp Inc. is enlisting artificial intelligence agents to help eliminate a growing problem for corporate customers: invoice fraud. Invoice fraud...

JPMorgan’s Dimon says AI cost savings now match money spent

Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing artificial intelligence technology, and saves about the same amount...

Inside Austin Capital Bank’s approach to AI, innovation

Austin Capital Bank Chief Executive Erik Beguin marries innovation and banking with an entrepreneurial mindset.  Fifty of the $503 million bank’s 70 employees...

Hanscom Federal Credit Union to deploy AI tools on mobile app

Hanscom Federal Credit Union has teamed with tech provider Alkami to launch a mobile banking platform.  The $1.9 billion credit union is replacing...

The rise of AI-driven wealthtech

Financial management is evolving as wealth is transferred to the next — more digital — generation.   In previous years, Robinhood and other...