Digital transformation in banking is no longer a boardroom ambition. It has become a survival strategy. Conversational AI ...
Bank of America (NYSE:BAC) reports record digital engagement, with nearly 30 billion client digital interactions in the past year. AI assistant Erica has handled more than 3.2 billion interactions ...
A core tenet of the banking giant’s AI strategy is to “build once and use many times,” Group President and CEO Raymond Chun ...
JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and it ...
NJBIZ recently convened its latest panel discussion, featuring a group of notable experts discussing banking and finance trends. The discussion, moderated by NJBIZ Editor Jeffrey Kanige, featured: “I ...
Last year, agentic AI entered the lives of both consumers and businesses raising everyone’s expectations for a more autonomous way of working.
Global banking has entered a historic paradox. Despite record-breaking profits in 2024, the industry’s market valuation remains stubbornly low — signalling deep investor scepticism about the ...
The swift developments of AI technologies are transforming the delivery and consumption of banking services. Based on a 2024 Citigroup report, there is a high possibility that AI will boost the global ...
AI is quickly transforming the banking world. If you use online banking, there’s a good chance you’ve experienced at least some of this firsthand. More than half — 54% — of bank customers have used a ...
The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.
AI jitters tanked software stocks this year, but Deutsche Bank says fears have peaked. The firm upgraded its software rating on strong earnings.