banking technology

How Teachers Federal Credit Union Is Rewriting Its Playbook With AI Automation

How Teachers Federal Credit Union Is Rewriting Its Playbook With AI Automation
How Teachers Federal Credit Union Is Rewriting Its Playbook With AI Automation
May 29, 2025  |  Credit Unions

Teachers Federal Credit Union, one of the largest U.S. credit unions with more than $9.7 billion in assets and over 460,000 members, is using artificial...

READ MORE >
Bank of America to Spend $4 Billion on AI and New Tech Initiatives in 2025 
Bank of America to Spend $4 Billion on AI and New Tech Initiatives in 2025 
April 08, 2025  |  Banking

Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including...

READ MORE >
BIS: Central Banks Need ‘Comprehensive Risk Management Strategy’ for AI
BIS: Central Banks Need ‘Comprehensive Risk Management Strategy’ for AI
January 29, 2025  |  artificial intelligence

Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released...

READ MORE >
90% of FinTechs View Credit Unions as Collaborators, Not Competitors
90% of FinTechs View Credit Unions as Collaborators, Not Competitors
January 03, 2025  |  Credit Unions

In the financial services market, credit unions (CUs) and financial technology (FinTech) companies are moving from rivals to partners. As consumer demand for seamless banking...

READ MORE >
Digital-First Banking’s Mantra: Check Friction at the Virtual Front Door
Digital-First Banking’s Mantra: Check Friction at the Virtual Front Door
November 14, 2024  |  Opinion

Banks and credit unions will need to focus on customer experience, security and technology, Candescent Chief Product Officer Doug Brown writes in a new PYMNTS...

READ MORE >
Technology Collaboration Set to ‘Supercharge’ Service-Oriented Approach
Technology Collaboration Set to ‘Supercharge’ Service-Oriented Approach
November 12, 2024  |  Opinion

Collaboration will be key for payment industry players to deliver value in marketing, fraud, risk and operations, Banyan Chief Commercial Officer Mike Minelli writes in...

READ MORE >