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Why did Moody's—a legacy financial institution built on risk assessment—move aggressively to adopt generative AI, an unproven technology? Because leadership calculated that the risk of standing still outweighed the risk of moving fast.
Amdocs exec says banks that embrace Agentic AI early stand to gain a competitive edge, while those that hesitate risk being left behind.
NatWest and OpenAI have joined forces to enhance the lender's digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank.
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.
Prudential Financial's Lauren Clement wonders if new breakthroughs in AI could completely disrupt how the industry has long relied upon artificial intelligence.
We recently published a list of 12 AI News Investors Should Not Miss This Week. In this article, we are going to take a look at where Fidelity National Information Services, Inc.
Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and
The US is going all-in on AI, with spending projected to hit a massive $120 billion by the end of 2025, a 26% annual gro