Banking

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,...

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...