Santander Consumer USA

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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
NatWest seals milestone UK banking collaboration with OpenAI

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 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.

The Finance Sector Is Hitting an Inflection Point With AI

Prudential Financial's Lauren Clement wonders if new breakthroughs in AI could completely disrupt how the industry has long relied upon artificial intelligence.

NETSOL launches Transcend AI Labs

In a statement, NETSOL said the initiative is designed to empower automotive and equipment original equipment manufacturers (OEMs), dealerships, and financiers with advanced AI so

As the US moves towards open banking, cloud technology is driving AI innovation

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

UnionBank champions AI-driven future at inaugural Sonai 2025

AT the Philippine Global AI Council's 'State of the Nation in AI (Sonai)' congress, Union Bank of the Philippines (UnionBank) showcased its leadership in AI-driven innovation to enhance customer experience,

Cybersecurity 7month
DBS Bank to cut 10% workforce in 3 years as AI transforms operations

DBS Bank to cut 10% workforce in 3 years as AI takes over key operations, with CEO Piyush Gupta outlining the impact of automation on banking jobs