BNY Mellon

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How a Legacy Financial Institution Went All In on Gen AI

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.

DBS' new CEO Tan eyes 'bolt-on' acquisitions to bolster tech capabilities

DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such as wealth and transaction banking.

Finance 6month
Huntington among banks using AI to help lure customer deposits

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.

Microblink launches AI cloud-based identity verification solution

Microblink has launched an AI-powered, cloud-based comprehensive identity verification platform to make things easier for businesses.

CommBank Expands AI Partnership With Anthropic

Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and

Blockchain 7month
Palantir Technologies Inc. (PLTR) and TWG Global Launch Joint Venture to Transform AI in Financial Services

We recently compiled a list of the 12 AI Stocks Making Headlines: Latest News and Ratings. In this article, we are going to take a look at where Palantir Technologies Inc.

Banks invest in responsible AI talent, research as adoption unfolds

The industry increased its hiring of governance and ethical use professionals last year, according to Evident Insights.

Here's how AWS is helping financial giants like JPMorgan and Bridgewater with their AI ambitions

From boosting corporate sales at MUFG to giving Bridgewater tools to build an AI investment analyst, here's how AWS is helping finance giants with AI.