Banking

FICO launches domain-specific AI models for financial services

FICO today announced a new suite of domain-specific generative AI models designed to improve accuracy and trust in financial services applications. The FICO...

Solifi strengthens Open Finance Platform with DataScan deal Bank Automation News

Solifi, a global provider of secured finance technology, has acquired DataScan, a North American leader in wholesale finance and inventory risk management, the...

FinAI fintech funding: Agentic AI startup reaches $386.3M in funding

Compliance provider WorkFusion’s latest funding round indicates growing industry demand for fraud solutions and interest in agentic AI.  On Sept. 16, WorkFusion announced...

81% of consumers open to using agentic AI for payments

The payments industry is undergoing a major overhaul as AI takes center stage.  Agentic AI is likely to reshape day-to-day activity in the...

Credit unions look to AI to trim costs

Nearly 28% of credit unions are deploying AI for cost savings, more than big banks.  Banks and credit unions do not approach AI...

Nvidia to invest $100 Billion in OpenAI for data centers

Nvidia Corp. will invest as much as $100 billion in OpenAI to support building of new data centers and other artificial intelligence infrastructure,...