Securities and Exchange Commission Hiring Chief Data Officer
The U.S. Securities and Exchange Commission is looking to hire their first Chief Data Officer to keep a close on how how Wall Street ...
As Markets Automate Questions Arise About Governance and Stability
According to Deutsch Bank 90 percent of equity-futures trades and 80 percent of cash-equity trades are executives without any human input; computers and algorithms ...
Active Equity Investments Might Soon be Bot Enabled
AI and machine learning technology are fast becoming a must have for financial services firms; not only to ensure they have the latest technology ...
Bank of America’s Cathy Bessant Takes on Responsible AI
For the third year in a row Bank of America’s Cathy Bessant was named the most powerful woman in banking by American Banker; Bessant ...
ZestFinance May Help Freddie Mac Expand Their Underwriting
The Wall Street Journal is reporting that mortgage finance giant Freddie Mac has been testing underwriting software from ZestFinance for the past several months; they ...
AI is Crucial to the Future of TD Bank
TD Bank has been using AI tools for the last few years and now the bank has pushed that effort into every area of ...
New AI Use Cases at Banks
Banks have been implementing artificial intelligence applications more and more in recent years with many banks using AI for credit decisions, cybersecurity and automated ...
European Banks Try to Invest in Tech to Hold Off U.S. Rivals
European banks are trying to hold off the increasing threat from their U.S. rivals who have been investing massive sums of capital to innovate ...
Enova Expands AI Use Across the Entire Company
Online lender Enova has expanded their use of AI to include spotting fraud, determining who should receive product offers and projecting possible losses once ...
New Startup Looks to use AI to Help with Cultural Issues
Receptiviti is a new fintech startup that uses artificial intelligence to evaluate and monitor workplace stress; the technology examines prepositions and pronouns within conversations ...