Every claim UnitedHealth processes, every prior authorization it reviews and every patient interaction it handles now runs through artificial intelligence (AI). The company is turning that internal overhaul into a commercial product line. “Virtually everything that we do, we see it basically as the operating...
U.S. Bancorp leaned on payments to power a record quarter. The bank’s second-quarter results, released Thursday (July 16), show a customer base still spending, borrowing and embracing digital banking products, while its payments business supplied fresh fuel for growth. Get the Full Story Complete the...
United Airlines saw strong demand from travelers in the second quarter despite higher ticket prices caused by surges in the price of fuel, executives said Thursday (July 16) during an earnings call. Get the Full Story Complete the form to unlock this article and enjoy...
Bank of New York Mellon’s (BNY) record second-quarter results announced Wednesday (July 15) were built on some of the oldest activities in finance: safeguarding assets, processing transactions, managing collateral and earning interest on client balances. Get the Full Story Complete the form to unlock this...
The launch of artificial intelligence-powered imaging and mapping capabilities for electrophysiology, early momentum for a drug releasing system for bladder cancer treatment, and progress toward a table-integrated robotic surgical system are among the latest innovations from pharmaceuticals and MedTech company Johnson & Johnson. Get the...
Few signals across financial services are delivered as clearly and collectively as the ones on what’s become Wall Street’s own “Super Tuesday” for bank earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo’s Wealth & Investment Management business has invested over $1 billion over the past several years to modernize its technology platform, with a new generative artificial intelligence-powered suite of tools for financial advisors being the latest addition, Wells Fargo Chairman and CEO Charlie Scharf...
It’s all about the consumer and artificial intelligence, even on a day when five big banks were tracking record-setting earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Bank of America’s second-quarter earnings call Tuesday (July 14) was dominated by a simple message: Consumers in the United States are spending, companies are borrowing, capital markets are open, and the economy is proving stronger than expected. Get the Full Story Complete the form to...
