Displaying 211 - 240 of 302 in total
Bank of America leader talks automation and AI, UiPath Summit takeaways,
This week, Bank Automation News explored the intersection of automation and artificial intelligence, diving into the opportunities and challenges they present. BAN spo...
How AI can reduce false positives for fraud
Automation reduces banks’ triage time on flagged transactions.
The future of automation at Wells Fargo, Bank of America files automation patents
This week Bank Automation News took an inside look at automation strategy at the $1.96 trillion Wells Fargo, which has thousands of attended bots and hundreds of unatt...
Weekly Wrap: Banks face daunting cybersecurity risks, Truist invests in AI
This week Bank Automation News explored the biggest risk and security threats in banking, and how some financial institutions are leveraging automated technology to st...
CRO breaks down risks of automating compliance
Automation can help eliminate risk — if it’s used correctly. But, often it’s not, according to a former managing director with Ernst & Young who has worked with censur...
Nice Actimize launches AI-backed tool to thwart false positives
Anti-money laundering and fraud solution provider Nice Actimize announced a new artificial intelligence-driven tool Thursday that it claims will reduce false positives...
Weekly Wrap: BAN’s new fintech cohort, US Bank Housing Capital Co. Automates construction loans
This week, Bank Automation News unveils its newest cohort of startups that bring global talent and ideas to Fintech Discovery, the publication’s marketing accelerator,...
How Sunrise Banks shifted its culture through automation
When COVID-19 hit, Sunrise Banks shifted to a remote environment within 48 hours and it quickly became clear that manual processes weren’t going to work anymore, said ...
Weekly Wrap: RBC and CIBC double down on proactive insights
This week Bank Automation News delved into the growing trend of leveraging AI-based tools to strengthen personal financial management. RBC outlined development plans f...
RPA trends and opportunities for 2021
Attended automation and digital assistants for employees are among the hottest robotic process automation (RPA) trends for the next few years.
Wells Fargo builds out RPA team, Plaid debuts new automation tech
This week, Bank Automation News explored Wells Fargo’s goal to stand up at least 300 automations in the next few years as it looks to expand its robotic processing aut...
The inside story on why we pivoted to Bank Automation News
This week Bank Automation News launched as a new brand, replacing Bank Innovation. What’s the behind-the-scenes reasoning for the move? During this video podcast, e...
Weekly Wrap: Fintechs score big investments, chatbot developments ramp up
This week investors funneled nearly $1 billion to fintechs MX, Blend, Rho Technologies and Rapyd, some of which are teeing up automation initiatives with an eye toward...
Weekly Wrap: Green Dot debuts neobank, Chase Autosave use surges
This week, Green Dot unveiled GO2bank, its second digital-only bank, the same week BBVA USA announced it was shuttering its neobank, Simple, according to published rep...
Weekly Wrap: Canadian banks make AI investment and INV Fintech launches revamped platform
This week, Canadian banks CIBC and TD made strides with AI and automation technology. CIBC teamed up with IBM to launch its first virtual assistant, and TD leaned into...
Weekly Wrap: Banks boost RPA budgets, and Finastra jumps on KYC automation
This week, Bank Innovation dove into data that shows inefficient business processes are pushing bank employees to want to quit. Meanwhile, another data set showed bank...
Weekly Wrap: Truist CIO Scott Case talks with BI, banks use new feedback for CX
This week, Bank Innovation sat down with Truist CIO Scott Case to discuss his efforts during the merger of BB&T and SunTrust. “As we’re working through the merger, we’...
Weekly Wrap: N26 faces stiff competition, SC strengthens fault tolerance
Amazon Web Services scored big when Standard Chartered selected the Amazon.com subsidiary as a main cloud provider for its core and digital banking systems. The $754 b...
Weekly Wrap: Takeaways from Banking Automation Summit
This week marked the first-ever Banking Automation Summit, which featured speakers from PNC, Wells Fargo, Truist, Citi and other financial institutions. The conference...
Weekly Wrap: Revisiting the election implications for fintech
While election officials continue to count votes in key battleground states, Bank Innovation editors revisited the 2020 election implications on fintech issues like ba...
Weekly Wrap: Banks, startups push automation
Bank Innovation sat down this week with Christian Kitchell, Bank of America’s head of AI solutions who also leads Erica. “Ultimately, what we want to do is be able to...
Weekly Wrap: API-based data sharing and bank spending take center stage
This week, Bank Innovation sat down with Don Cardinal, managing director of the Financial Data Exchange, to talk about the adoption of API-based data sharing. One way ...
Weekly Wrap: BofA’s CashPro gains traction, Chase launches kid-friendly product
Third-quarter earnings kicked off this week and, despite the acceleration in digital banking in light of the COVID-19 pandemic, year-over-year adoption of mobile and d...
Weekly Wrap: Sibos takeaways, and the OCC payments charter
Sibos 2020 took place this week in a digital format. During a conference on robotic process automation, industry leaders discussed both the challenges and the opportun...
Weekly Wrap: Affirm’s loan strategy, and new tech to reach the underbanked
Affirm is pushing further into new loans after an initial pullback during the early days of the COVID-19 pandemic. “We feel there is in fact a broader product fit for ...
Weekly Wrap: The rise of contactless payments and Bank of America breaks patent records
Contactless payments are here to stay in the post-COVID world, according to recent data from Amex, but cash’s staying power may hinder banks from fully realizing the e...
Weekly Wrap: Consumers don’t need branches, and bank incubators stay busy
It seems consumers need bank branches less than before. A Plaid study showed 80% of consumers now say they can bank without a branch. Banks like Citibank and Silicon V...
Weekly Wrap: Takeaways from Bank Innovation Build
Banking and fintech leaders came together for the fully virtual Bank Innovation Build this week. The conference featured speakers from Wells Fargo, Ally, TD and more, ...
Weekly Wrap: Lessons from Chase’s CIO, banks integrate accounting
Some of the biggest banks in North America are integrating accounting into their online banking platforms for small businesses. It’s a strategy that eliminates manual ...
Weekly Wrap: Credit card customer satisfaction falls, and tech jobs move inland
Weekly Wrap: Credit card customer satisfaction falls, and tech jobs move inland Bank Innovation EditorsAugust 28, 2020 Customer Experience, Payments, Premium, Video ...