Automation

Where is this online lender using AI? Everywhere

09/05/19

Enova has used AI in credit decisions for years. Now it’s having AI do the work of document verification, know-your-customer checks and more.

[more]

How some banks are luring talent from big tech

05/10/19

Most financial institutions can’t compete on pay, but there are other advantages they can offer, including agile development.

[more]

Banks should welcome fee-busting AI, fintech says

05/07/19

Cushion uses AI to help consumers negotiate refunds of overdraft and other fees. But it argues there's a bank play in its technology if bankers take the long view.

[more]

A busy month for fintech funding

05/01/19

Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services.

[more]

Banking on conversational AI

04/08/19

Five ways AI can drive growth

[more]

Popular Bank's bid to streamline small-business lending

10/30/18

The New York unit of Popular has contracted with Biz2Credit to automate commercial loan approvals and handle the underwriting for applications under $100,000.

[more]

What funding bubble? Banks, VC firms pour more money into fintechs

08/07/18

The skeptics keep waiting for investment in financial startups to dry up, but it doubled in the first half of 2018. KPMG's Safwan Zaheer explains why.

[more]

Treasury urges mortgage sector to embrace digital tech

08/06/18

The administration’s recent report on fintech innovation discussed ways to adopt electronic promissory notes — or eNotes — and automated appraisals in federal mortgage programs.

[more]

Banks scaring staff with automation talk, BofA's Bessant says

06/05/18

Bank of America's top technology officer says finance-industry workers get spooked about their jobs because of how bosses talk about tech.

[more]

JPMorgan recruits top academic for AI efforts

05/09/18

Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July.

[more]