Banking

Academy Bank building gen AI knowledge base

Academy Bank is developing a generative AI knowledge base to make operations more efficient and reduce costs.  The $3.4 billion bank plans to...

Jack Henry acquires Victor Technologies to strengthen PaaS offering

Jack Henry & Associates Inc. announced today that it has acquired Victor Technologies, a cloud-native, API-first provider of embedded payments solutions, from MVB...

Agentic AI drives ROI at financial institutions, Google Cloud finds

Financial institutions are increasingly deploying AI and the latest driver of returns on that investment is agentic AI.  Seventy-seven percent of financial service...

Academy Bank taps employees for AI applications

Academy Bank is leaning on employees to suggest AI applications throughout operations.  The Kansas City, Mo.-based $3.4 billion bank created its Idea Exchange...

OpenAI teams up with Stripe for agentic commerce

OpenAI today unveiled Instant Checkout, allowing U.S. users of ChatGPT — on free, Plus and Pro tiers — to make purchases directly in...

Distyl AI raises $175M in series B round to take firms ‘AI-native’

AI solutions provider Distyl AI has raised $175 million in a series B round, hitting a valuation of $1.8 billion.  The San Francisco-based...