BBVA has invested in Sinovation Ventures as the fund can help to strike partnerships for the bank and they see the potential for strong return on investment; the focus on AI is helping the bank to keep innovating and offer mor potential services across their different regions. Source.
Mercantile Bank of Michigan has struck a partnership with Abe AI to build a chatbot; MercMoney is an AI based...
At their NYC Technology Summit Bank of American executives talked about how the firm is implementing artificial intelligence; some of...
Artificial intelligence is one of the hottest topics in fintech today; while we often hear of AI replacing humans, companies...
Rocket Internet is looking to make an investment push into fintech and artificial intelligence as it looks to deploy $3bn...
Barclays US is trying to ensure they use AI in a efficient yet non intrusive way so their customers can get the most out of the technology; Tearsheet spoke with Mona Jantzi, managing director of strategic analytics and customer experience at Barclays US, to learn more about how the bank uses AI; topics discussed include using data to shape customer experience, going beyond product offerings, the dangers of AI use with data and more. Source.
With more banks implementing AI solutions the question being asked is will jobs begin to be replaced; recent reports show...
American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives...
European Banks have increased advertising for IT and engineering roles by more than 10 times in the last 3 years;...
Artificial intelligence (AI) is everywhere these days as more companies look to automate repetitive tasks to save money and reallocate...