Nymbus Launches One of the First Secure MCP Servers Built for Core Banking
"AI creates real value in banking when it helps institutions get work done, not just generate answers."
AI BFSI
Latest AI BFSI news, analysis and insights from AIM Media House
An AI Model Scared the Federal Reserve and US Treasury Into Summoning Wall Street
"Given the rate of AI progress, it will not be long before such capabilities proliferate, potentially beyond actors who are committed to deploying them safely."
Bank of America Says Dell Is Well-Positioned for Enterprise AI Growth
"Decades-long supplier relationships, scale advantages, and the ability to quickly re-configure products allow Dell to maintain performance during periods of disruption."
JPMorganChase Joins Anthropic's Project Glasswing
"Given the rate of AI progress, it will not be long before such capabilities proliferate, potentially beyond actors who are committed to deploying them safely."
Jamie Dimon Says AI Will Touch Every Function at JPMorgan Chase
"The pace of adoption will likely be far faster than prior technological transformations, like electricity or the internet."
Visa Is Quietly Rewriting the Rules of Payment Disputes
"Disputes put strain on every part of the payments ecosystem, frustrating consumers, while driving cost and complexity for merchants and financial institutions."
FactSet Bets on Agentic AI to Automate the Investment Banking Deal Cycle
"At FactSet, we envision a future in which powerful intelligence and AI agents seamlessly enhance one another."
Bank of America Puts AI in the Meeting Room for Its Wealth Advisors
Merrill Wealth Management and BofA have launched an AI meeting solution that can save advisors up to four hours per meeting.
Mastercard's New AI Doesn't Read. It Counts.
"We believe this same gen-AI technology won't just transform chat, it will transform commerce."
AIG and McGill & Partners Use Agentic AI to Deploy Insurance Capacity in Real Time
"This collaboration has the potential to disrupt the dynamics of the subscription market"
Insurance Companies Have a New Product: Not Needing Them
Sensors, satellites, and telematics are turning U.S. insurers into something closer to safety companies
J.P. Morgan Payments and Mirakl Enable AI Agents to Buy Autonomously
"We are entering an era where AI agents won't just assist with shopping, they will transact"
Once Opposed to 'Work From Home,' Jamie Dimon Says AI Will Enable a Four-Day Workweek
Jamie Dimon, CEO of JPMorgan Chase, believes AI could reduce the workweek to four days within three to four decades while boosting productivity.
Morgan Stanley Cut 2,500 Jobs. Its Own Researchers Saw It Coming
The back-office roles eliminated this week match precisely what Morgan Stanley's own research identified as automation's first casualties
Sowell Management Outsourced Its AI Strategy. Data Suggests That's the Right Call
A partnership with Altruist reflects where most mid-sized advisory firms are landing on the build-vs-buy question
Goldman Sachs Tests Agentic AI for Trade Surveillance
After decades of automating trades, Goldman tests AI agents for real-time surveillance.
Mastercard’s AI Payment Pilot Puts Pressure on Visa
Santander processed what the companies describe as Europe’s first AI-agent transaction. Visa is betting on network reach and standards instead
AI Could Hit Borrowers Before It Hits Banks, Says JPMorgan
Highly leveraged software firms face rising borrowing costs as AI reshapes their markets
AI Is Expensive. Small Banks May Pay the Price
At the largest banks, AI is embedded in core workflows. For smaller institutions, the cost of keeping up may accelerate mergers
Goldman Says Young Bankers Are Still Core, But AI Is Changing What That Means
CEO David Solomon acknowledges time allocation and staffing may evolve as generative AI absorbs portions of entry-level banking work