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News: Digital

March 6, 2026 / Artificial Intelligence, Digital

CIO Dive: TD Bank eyes $150M in claims cost reductions — with help from AI

TD Bank expects to cut insurance claims costs by $150 million “in the medium term” through AI deployment, vendor optimization, fraud detection and process reengineering.
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March 6, 2026 / Artificial Intelligence, Digital

The Digital Banker: AI in action: How UOB is turning intelligence into impact

UOB has taken significant strides in leveraging AI through its innovative B-Score 2.0 methodology, which incorporates several AI-driven innovations.
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March 6, 2026 / Artificial Intelligence, Digital

BankingDive: HSBC names generative AI a leading investment area

HSBC named generative AI a key technology investment area during its recent earnings call.
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March 6, 2026 / Cybersecurity, Digital

Finextra: North Korea: A cybercrime state

It is estimated that one third to a half of North Korea’s budget comes from cyberfraud and extortion.
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March 6, 2026 / Artificial Intelligence, Digital

Finextra: Royal Bank of Canada creates dedicated AI team

RBC has created a new AI Group to accelerate its take up of artificial intelligence.
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February 20, 2026 / Artificial Intelligence, Digital

PYMNTS: JPMorgan Chase Analysts Predict AI Costs Could Trigger Bank Mergers

The pace of artificial intelligence spending required in the financial services sector may force smaller banks into mergers.
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