Banking

Klarna’s IPO gives fintechs a boost

Buy now, pay later service provider Klarna made its debut on the public market today, which could encourage other fintechs to do the...

Podcast: FV Bank CEO Miles Paschini on future of stablecoin

FV Bank aims to stay ahead of emerging technology trends, including stablecoins.  The Puerto Rico-based digital bank integrated stablecoins three years ago, ahead of...

Michigan credit union leans into AI to streamline loan originations

NEW YORK – University of Michigan Credit Union is building an AI-driven loan origination system to speed the loan application process and, in...

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...