Bessant leads BofA's 100,000-person technology and operations group as the bank scraps back from financial and regulatory disaster. Her formula: steady, reliable performance over glitz.
With more than 8 million customers and retail branches in 19 states, PNC has a diverse set of customers, including consumers, small businesses and large corporates. Ripples technology The post PNC Bank joins RippleNet for real-time cross-border payments appeared first on Compelo Banking.
Retailers today are responsible for a significant amount of data. As a customer, I expect that the data I provide to a retailer is handled properly following the Payment Card Industry Data Security Standard (PCI DSS), General Data Protection Regulation (GDPR) and other compliance guidelines.
To predict risk, the company applies artificial intelligence(AI) on non-financial data including the behavior of potential borrowers. AdviceRobos technology enables lenders, such as banks and retailers, to limit The post KPMG acquires minority stake in fintech startup AdviceRobo appeared first on Compelo Banking.
Via quantum computing power, the technology team from the bank has completed a highly complex calculation, which requires to be undertaken regularly by the bank. According to the The post NatWest deploys quantum computing power to solve complex calculations appeared first on Compelo Banking.
IBM has launched a software service that scans AI systems as they work in order to detect bias and provide explanations for the automated decisions being made — a degree of transparency that may be necessary for compliance purposes not just a company’s own due diligence. The new trust and transparency system runs on the […]