Banking

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,...

POCs are key when applying AI, experts say

Financial institutions big and small are exploring AI, but before diving headfirst into the technology, they are learning from proofs of concept.  Florida-based...

CEO Walters: Finastra planning to streamline with agentic AI

NEW YORK — Fintech Finastra is working with clients to deploy agentic AI within payments processes to boost efficiency and accuracy.  The London-based...

The right tools for the job? How effectively can central banks support the transition to net zero? – Bank Underground

Utkarsh Somaiya, Caspar Siegert and Benjamin Kingsmore Climate change creates material economic and financial risks which central banks need to understand to ensure monetary...