JPMorgan Chase has hired a senior executive from Google as its new head of artificial intelligence (AI) and machine learning services. According to a memo...
To help make more informed authorization decisions, KeyBank is turning to Mastercard Decision Intelligence. The system, which uses artificial intelligence (AI), will allow KeyBank to increase the...
In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...
Speed? Not the most important thing when it comes to B2B payments. Turns out transparency is king, and according to Barry Rhodes, EVP and head...
Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage...
Banco Santander, the Spanish bank, has created a digital investment unit that will be headed by John Whelan, who is currently in charge of the...
Use of online banking portals for corporates is ubiquitous — 99 percent of executives recently surveyed by JPMorgan said they conduct business banking online. However,...
Enterprise processes are starting to look a lot more like the consumer world. From procurement’s path to mimic an Amazon experience, to the Bring Your...
For banks, beyond the vagaries of interest rates, income depends in part on managing costs. Manage them well, and margins get a boost. The converse is also...