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JPMorgan Cuts Lending to AI-Focused Hedge Fund After Losses

JPMorgan Cuts Lending to AI-Focused Hedge Fund After Losses

AI Agents Are Following Banks' Shadow IT Playbook

AI Agents Are Following Banks' Shadow IT Playbook

Bank of America commits $250bn to US infrastructure

Bank of America commits $250bn to US infrastructure

  1. Core
  2. Branch/ATMs
  3. Cloud
JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

JP Morgan Chase Reclassifies AI Spending as “Core …

The move places investment in AI alongside payment...

The Continuing Relevance of the Retail Bank Branch

The Continuing Relevance of the Retail Bank Branch

Since the late 1960s, banking industry pundits hav...

JPMorgan Chase Goes After Middle America Through Branch Openings

JPMorgan Chase Goes After Middle America Through B…

The bank is increasing branch locations in a bid t...

As fintechs chase banking charters, community financial institutions face a quiet war on trust

As fintechs chase banking charters, community fina…

Over the past six months, a flurry of fintechs hav...

Santander Reduces Branches in the UK

Santander Reduces Branches in the UK

British press has speculated that Santander may pu...

On Average, Customers Keep the Same Checking Account for 19 Years

On Average, Customers Keep the Same Checking Accou…

Despite switching perks, 18% of customers remain w...

BMO, CME Group and Google Cloud Launch Tokenized Cash Solution

BMO, CME Group and Google Cloud Launch Tokenized C…

The capabilities aim to streamline settlement and ...

Wells Fargo Executive Speaks About New Technology in Banking

Wells Fargo Executive Speaks About New Technology …

Chandrasekhar Rao Katru with Wells Fargo sits down...

JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

JP Morgan Chase Reclassifies AI Spending as “Core …

The move places investment in AI alongside payment...

JPMorgan Cuts Lending to AI-Focused Hedge Fund After Losses

JPMorgan Cuts Lending to AI-Focused Hedge Fund After Losses

Bank ends lending relationship with AI fund after 67% losses in July
Social Engineering Is Changing the Fraud Prevention Game for Banks and Credit Unions

Social Engineering Is Changing the Fraud Prevention Game for Banks and Credit Unions

Fraud prevention has traditionally focused on one fundamental question: Is this customer really who they say they are?
Anthropic Nears Decision on Banks for Potential $2 Trillion IPO

Anthropic Nears Decision on Banks for Potential $2 Trillion IPO

Morgan Stanley and Goldman Sachs in line for prominent roles from public listing
AI Agents Are Following Banks' Shadow IT Playbook

AI Agents Are Following Banks' Shadow IT Playbook

Banks have been through this before
Bank of America commits $250bn to US infrastructure

Bank of America commits $250bn to US infrastructure

New initiative to target financing for AI, energy and data centers through 2027
Banks Need to Reconsider their Role in an AI-Driven Future

Banks Need to Reconsider their Role in an AI-Driven Future

Competitive advantage is shifting away from traditional ownership modes toward those who control customer relationships, data, and decision-making
Bank of England Warns AI Agents Could Need New Rules

Bank of England Warns AI Agents Could Need New Rules

Regulator considers safeguards as autonomous systems enter financial markets
Commercial Cards Changed Gradually, Then Suddenly

Commercial Cards Changed Gradually, Then Suddenly

Recent events in the corporate card space have driven many banks to a fork in the road
Mercury Rolls Out AI Assistant for Banking Tasks

Mercury Rolls Out AI Assistant for Banking Tasks

Banking customers can manage finances through conversation rather than dashboards
US Banking Regulators Step Up Scrutiny of AI Adoption

US Banking Regulators Step Up Scrutiny of AI Adoption

Governance, data controls, and third-party risks examined closely amid AI expansion in banking
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