Banking

How BNY’s AI agent helps customers navigate its API marketplace

BNY has deployed an AI-driven chat bot within its API marketplace to help clients navigate offerings.   The chatbot was designed “to help those...

KeyBank taps Versapay for AI-driven accounts receivable

KeyBank has launched its automated accounts receivable tool for middle-market clients.  The $185 billion bank developed the solution, KeyTotal AR, with payments service...

Why FedNow’s ‘send’ function is an opportunity for banks

The Federal Reserve’s FedNow payment rail, heading into its third year, is increasing payments volume and value as it onboards financial institutions, but...

JPMorgan Chase’s Dimon weighs in on stablecoin, open banking

JPMorgan expects to have a seat at the stablecoin table.  “We’re going to be involved in both JPMorgan deposits coins and stablecoins to...

PNC considers charging fintechs for access to customer data

PNC Financial Services Group Inc. is considering charging financial-technology companies for access to valuable customer data, following the lead of JPMorgan Chase &...

Goldman to use savings from AI to drive growth

Goldman Sachs is unveiling a comprehensive plan to deploy AI within its operations to yield efficiencies and find new revenue sources.  The $598...