Most banks today still rely on a hodgepodge of outdated technology that’s upwards of 40 to 50 years old. Efforts to modernize a bank’s core can be challenging but are necessary to take advantage of ...
Ben Xiang, the bank’s chief technology and strategy officer, plans to use AI to automate workflows and add intelligence ...
Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...
Banks are nearly twice as likely as credit unions to recognize AI's potential for back-office efficiency (38% compared to 21%), suggesting a gap in operational readiness that credit unions will need ...
One core provider is connecting core banking and digital banking for smaller banks by bringing a retail banking software provider into its tech stack. Experts say this is part of a growing trend in ...
Bank tellers may one day be a thing of the past now that banks are implementing Interactive Teller Machines. We’re used to using ATMs that allow us to perform minimal functions without dealing with ...
– Strategic investment accelerates growth, advances product development as company scales to meet explosive demand for industry’s first unbound digital platform for commercial escrow, subaccounting – ...
Strategic hires focus on largest tech ecosystems across U.S. “While most banks have viable products, the leading banks have dedicated, resourceful relationship managers. They are the heartbeat of our ...
The bank's AI-based virtual assistant, which began development 10 years ago, is now used by 42 million customers and more than 200,000 employees. It does everything from sending wire transfers to ...
New research has found that digital banking technology is not improving the financial well-being of the squeezed middle in ...
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