bank technology

Bank Of America’s AI Assistant Surpasses 1M Users
Bank Of America’s AI Assistant Surpasses 1M Users
June 12, 2018  |  Artificial Intelligence

Bank of America announced Tuesday (June 12) that Erica, its AI voice-activated virtual financial assistant that is available through its mobile banking app, has surpassed...

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Could A Bank-On-Bank Patent War Be Looming?
Could A Bank-On-Bank Patent War Be Looming?
June 12, 2018  |  Legal

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts....

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IBM Targets Corporate Banking With The Cloud
IBM Targets Corporate Banking With The Cloud
June 08, 2018  |  B2B Payments

IBM is teaming up with Intellect Design Arena to deliver new solutions for corporate banks, according to a press release on Thursday (June 7). The technology...

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JPMorgan Taps Carnegie Mellon Professor For AI Push
JPMorgan Taps Carnegie Mellon Professor For AI Push
May 10, 2018  |  Artificial Intelligence

To head up its artificial intelligence (AI) research endeavors, JPMorgan Chase has hired a leading expert in the field. The head of Carnegie Mellon University’s...

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More Banks See Value In Faster Payments And APIs, Finds ACI Worldwide
More Banks See Value In Faster Payments And APIs, Finds ACI Worldwide
May 01, 2018  |  B2B Payments

A new survey by ACI Worldwide and Ovum found evidence that financial institutions (FIs) are more willing to open up their data via API and...

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Temenos To Power Telia’s Digital Banking Portal
Temenos To Power Telia’s Digital Banking Portal
April 12, 2018  |  B2B Payments

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on...

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BioCatch Announces $30M Financing Round
BioCatch Announces $30M Financing Round
March 13, 2018  |  Investments

U.S./Israeli startup BioCatch announced it has closed a $30 million funding round led by Maverick Ventures. Founded in 2011, BioCatch uses behavioral biometrics to prevent cyberattacks,...

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NEW DATA: Why 100% Of Mid-Sized FIs Fail To Climb The Innovation Curve
NEW DATA: Why 100% Of Mid-Sized FIs Fail To Climb The Innovation Curve
March 01, 2018  |  Digital Banking

Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Because when it comes to...

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What It Takes For A Bank To Go Digital — And Keep Its Customers
What It Takes For A Bank To Go Digital — And Keep Its Customers
October 04, 2017  |  B2B Payments

The financial services landscape is quickly evolving from a rivalry between traditional banks and FinTechs to one of collaboration, but this gradual shift hardly banks...

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