AI to become main way banks interact with customers within three years: Accenture

AI to become main way banks interact with customers within three years: Accenture

Artificial intelligence (AI) will become the primary way banks interact with their customers within the next three years, according to three quarters of
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Mobile bank funds fintechs in bid to reshape retail banking

The Polish bank said that the investment will allow it to influence digital transformation in the banking sector, and will benefit mBank customers who
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Here are tips on knowing whether to build, buy or partner for mortgage technology

… who also sat on the panel with Wheeler, dug further into the question in a follow-up interview with HousingWire, explaining how Ellie Mae chooses
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Rate hikes more to do with reining in risky lending, says Fitch Ratings

Fitch Ratings says out-of-cycle rate hikes from the big four banks this month were likely predicated more on pressure to rein in “riskier forms of lending”
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Judge Fines Bank of America $45 Million for 'Heartless' Treatment of Mortgage Borrowers

Bank of America Corp, the No. 2 U.S. bank, reported a stronger-than-expected quarterly profit, driven by a steep fall in mortgage losses and provisions
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Kotak Bank likely to buyout M&M Financial Services

MUMBAI: Kotak Mahindra Bank on Tuesday said it planned to raise capital selling shares triggering speculation that it may raise as much as Rs.
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The banking sector now has better capital buffers than it did last year, as lenders gear up for …

The UK's banks now have slightly larger capital buffers to play with than they did this time last year, safeguarding the financial sector should the
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Banking on Nostalgia: How TYA Theatres Fundraise

Despite the scary headlines, there are some areas of arts funding that are actually looking up right now. The 2015 TCG Theatre Facts survey found
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The United States is finally catching up to the future of banking

Applicants will still need to set aside significant time and money to seek a charter. Then, once chartered, the special-purpose bank may still be limited
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It's Time to Denationalize the US Reverse Mortgage Market

Federal taxpayers have backed nearly 1 million of these financial products since the Department of Housing and Urban Development introduced
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Bankers believe AI will dominate banking within 3 years

In the next stage of artificial intelligence adoption, banks will use AI to help understand the intentions and emotions of customers and enable better
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Leverage and Liquidity Are the Keys to a Strong Banking System

I'm a big fan of higher capital ratios (i.e., lower leverage) as a way of making the banking system safer, so I was disturbed when Tyler Cowen pointed
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Give SMEs the banking system they deserve

Big banks are now not so much about the traditional relationship practices of trust and depth of understanding, but more about selling — a
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Australian home loan rate rises cool lending, but risks to banks remain: Fitch

Australian home loan rate rises cool lending, but risks to banks remain: … and Melbourne, placing pressure on affordability if lending rates increase.
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TPG Specialty Lending, Inc. (NYSE:TSLX) Files An 8-K Regulation FD Disclosure

TPG Specialty Lending, Inc. (TSL) is an externally managed, closed-end, non-diversified management investment company. The Company is a
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AI to dominate banking, says report

Artificial intelligence will be the main way that banks interact with their customers within the next three years, a report from consultancy Accenture has
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Here's a smart way to protect yourself from higher mortgage rates

Pay down your mortgage. Give the tax-free savings account and registered retirement-savings plan a brief rest and pay down your mortgage.
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Bankers join list of five sectors dragging on productivity

Bankers, telecoms companies, energy producers and management consultants are among the principal culprits for the UK's poor productivity
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PyraMax Bank moves to Fiserv to streamline operations and simplify banking for its customers

The bank will move from another vendor's core system to the DNA® account processing platform from Fiserv and add a full complement of integrated
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Kudos: celebrating milestones, launches and awards in the mortgage industry

Our KUDOS section lets us celebrate the achievements of those in the mortgage industry as they grow, give and achieve.
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