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My partner called me and said she was in trouble. She had just been to the bank and was overdrawn by $1,500. Could I send $4,000 quickly to stop the bank from freezing her account? Of course, I did … only to discover it wasn’t her. People are warning us that quantum computing, deepfake and……

A Y Combinator-backed startup called Cambio is bringing AI to the banking world in a surprising way: It’s putting AI bots on the phone with companies and consumers. The startup began by offering an AI-powered service that negotiated debt collections on behalf of consumers, which helped around 70% of customers resolve their collections and raise…

Financial institutions continue to spend on technology but many bank technology experiences are disjointed.  Banks are hurting their efficiency and overall customer experience with technology that doesn’t connect seamlessly, Emily Steele, chief operating officer of fintech Savana, tells Bank Automation News on this episode of “The Buzz” podcast.  To create more seamless digital experiences, banks…

Ami Haueter, chief research and digital experience officer at Michigan State University Federal Credit Union, will speak at Bank Automation Summit U.S. 2024 about how FIs can create processes for AI technology adoption.  Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn., and brings together industry experts to…

The Federal Reserve’s FedNow payments network, launched nearly seven months ago, has signed up almost as many financial institutions as The Clearing House’s Real Time Payments platform has in seven years.  “This is the first time that there’s actually been an upgrade in the plumbing [of the financial network] in nearly 50 years,” Mark Donovan,…

Things we’re reading today include … Kanye West says he was two months away from bankruptcy after losing ‘$2billion in one day’ over anti-Semitic outbursts| Daily Mail Belgium central bank chief: Going green won’t make you richer – POLITICO The Bank of England gambled with your money — and lost – UnHerd How the Bank……

My partner called me and said she was in trouble. She had just been to the bank and was overdrawn by $1,500. Could I send $4,000 quickly to stop the bank from freezing her account? Of course, I did … only to discover it wasn’t her. People are warning us that quantum computing, deepfake and……

My partner called me and said she was in trouble. She had just been to the bank and was overdrawn by $1,500. Could I send $4,000 quickly to stop the bank from freezing her account? Of course, I did … only to discover it wasn’t her. People are warning us that quantum computing, deepfake and……

My partner called me and said she was in trouble. She had just been to the bank and was overdrawn by $1,500. Could I send $4,000 quickly to stop the bank from freezing her account? Of course, I did … only to discover it wasn’t her. People are warning us that quantum computing, deepfake and……

My partner called me and said she was in trouble. She had just been to the bank and was overdrawn by $1,500. Could I send $4,000 quickly to stop the bank from freezing her account? Of course, I did … only to discover it wasn’t her. People are warning us that quantum computing, deepfake and……