Bank Automation News

Bank Automation News

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Source for insights and news surrounding automation and AI in financial services.

FIS Closes Global Payments’ Issuer Solutions Acquisition
NewsJan 12, 2026

FIS Closes Global Payments’ Issuer Solutions Acquisition

FIS announced the completion of its $13.5 billion acquisition of Global Payments’ Issuer Solutions (formerly TSYS), closing ahead of schedule with a net purchase price of $12 billion after tax assets. The deal expands FIS’s capabilities in card issuing, processing, and digital...

By Bank Automation News
FIs Deploy AI to Fight Digital-Asset Related Fraud
NewsJan 9, 2026

FIs Deploy AI to Fight Digital-Asset Related Fraud

The episode explores how financial institutions are cautiously integrating AI to combat the surge in digital‑asset fraud, including crypto scams, ransomware, darknet transactions, and money laundering, which are projected to cost $154 billion in 2025. Scott Southall of Citi Services discusses...

By Bank Automation News
Allianz, Anthropic Partner to Expand AI Use in Insurance
NewsJan 9, 2026

Allianz, Anthropic Partner to Expand AI Use in Insurance

Allianz SE has teamed up with AI specialist Anthropic to speed up responsible AI adoption across its insurance operations. The partnership targets three key initiatives: using AI to aid Allianz's software developers, automating labor‑intensive tasks like claims processing, and creating...

By Bank Automation News
Hiring a Chief AI Officer: Compensation, Recruitment, Candidates, Responsibility
NewsJan 7, 2026

Hiring a Chief AI Officer: Compensation, Recruitment, Candidates, Responsibility

The episode explores why companies are creating Chief AI Officer (CAIO) roles, highlighting demand from boards and CEOs for unified AI risk and ROI accountability, regulators seeking clear governance, and business units needing strategic guidance. It delves into compensation benchmarks,...

By Bank Automation News
PNC Head of Data, Automation Ned Carroll Featured Fireside Chat at FinAi Banking Summit
NewsJan 7, 2026

PNC Head of Data, Automation Ned Carroll Featured Fireside Chat at FinAi Banking Summit

Ned Carroll, PNC's Head of Data and Automation, discussed the bank's evolving data strategy, recent $5 billion acquisition of FirstBank, and the rollout of agentic AI in software development during a fireside chat at the FinAi Banking Summit. He highlighted how...

By Bank Automation News
How S&P Global Built a Multimodel AI Platform
NewsJan 6, 2026

How S&P Global Built a Multimodel AI Platform

S&P Global adopted a multimodel AI strategy, likened to a multicloud approach, to enhance operational efficiency. Partnering with Google Cloud in December 2025, they leveraged Vertex AI to integrate Google Gemini alongside third‑party and open‑source models, enabling flexible model selection...

By Bank Automation News
Podcast: Reimagining Payment Experiences with Agentic AI
NewsJan 6, 2026

Podcast: Reimagining Payment Experiences with Agentic AI

In this episode, Zachary Aron, a principal at Deloitte Consulting, explores how agentic AI is poised to overhaul entire payment journeys rather than isolated transactions, highlighting use cases such as travel and business expense workflows. He explains that while AI...

By Bank Automation News
Google Leader: Agentic AI’s 5 Defining Shifts in Financial Services for 2026
NewsJan 5, 2026

Google Leader: Agentic AI’s 5 Defining Shifts in Financial Services for 2026

The episode outlines how AI will transition from a tactical tool to the strategic core of financial institutions by 2026, highlighting five key shifts driven by agentic AI. It traces the evolution from 2024’s focus on selecting the right large...

By Bank Automation News
Cobalt Credit Union Deploys Eltropy’s AI Voice Technology
NewsJan 5, 2026

Cobalt Credit Union Deploys Eltropy’s AI Voice Technology

The episode details Cobalt Credit Union's rollout of Eltropy's AI Voice technology, highlighting an impressive 83% session containment rate alongside strong member satisfaction. It explains how the credit union, serving military families, is among the first to integrate the AI...

By Bank Automation News
Banks Move Gen AI From Pilot to Profit as Coding Gains Deliver ROI
NewsDec 31, 2025

Banks Move Gen AI From Pilot to Profit as Coding Gains Deliver ROI

The episode reviews the 2025 shift where banks have moved generative AI from experimental pilots to profit‑driving operations, highlighted by Google Cloud's report on AI ROI in financial services. It details how AI boosts productivity, enhances customer experience, and delivers...

By Bank Automation News
December FinAi Funding: Airwallex Raises $330M in Series G
NewsDec 24, 2025

December FinAi Funding: Airwallex Raises $330M in Series G

Airwallex announced a $330 million Series G round, bringing its valuation to $8 billion, with backing from investors such as T. Rowe Price, Activant, Lingotto and Robinhood Ventures. The capital will drive the company’s U.S. expansion, including a new headquarters in San Francisco, and...

By Bank Automation News
J.P. Morgan Payments’ Matthew McCown to Speak at FinAi Banking Summit
NewsDec 22, 2025

J.P. Morgan Payments’ Matthew McCown to Speak at FinAi Banking Summit

Matthew McCown, executive director of data and analytics at J.P. Morgan Payments, will appear on the FinAi Banking Summit’s panel “AI strategy at scale: Lessons from global banks” on March 3, 2026 in Denver. He will discuss how major banks...

By Bank Automation News
AI-Driven Personalization ‘No Longer Optional’
NewsDec 18, 2025

AI-Driven Personalization ‘No Longer Optional’

Udi Ziv, CEO of Personetics, explains that AI-driven personalization has become essential for banks and credit unions seeking growth and retention, as customers now expect the same seamless digital experiences offered by other apps. He highlights the shift from competing...

By Bank Automation News
U.S. Bank’s Prageeth Sandakalum to Speak at FinAi Banking Summit
NewsDec 15, 2025

U.S. Bank’s Prageeth Sandakalum to Speak at FinAi Banking Summit

U.S. Bank’s Vice President and Principal Product Manager for Digital, Data and AI, Prageeth Sandakalum, will join a panel at the FinAi Banking Summit in Denver to discuss "AI strategy at scale: Lessons from global banks." The conversation will focus...

By Bank Automation News