Gen AI return on investment ‘not that great,’ credit union CTO says
NEW YORK — Financial institutions are diving headfirst into gen AI but University of Michigan Credit Union hasn’t seen much in terms of...
PNC to reach Colorado-expansion target with FirstBank takeover
PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding Co., and the...
Private equity AI use cases emerge
AI is expected to touch all verticals within financial services, including private equity. There are emerging uses of AI in private equity, and...
Truist innovates around Truist Client Pulse solution
The AI-driven Truist Client Pulse tool is helping Truist boost its digital capabilities. The tool provides client feedback from more than 30 million...
Finastra reportedly exploring another divestiture
Financial services technology provider Finastra is reportedly exploring the sale of its core banking business. The potential sale, first reported Sept. 1 by...
Move trust, not data: How Section 1033 can make open banking work
Open banking will not be won by moving data faster. It will be won by moving trust.  As Section 1033 advances, the useful...