Betterment’s launches tool to optimize cash savings

Artificial Intelligence, Partner

Temenos embeds AI at the core, not just around it ft. CPO Sai Rangachari 

• In a sector where AI is promising a significant leap forward, financial institutions demand speed — with safety. Temenos has a track record of innovation  and the customer trust to bring AI into the core of banking. 
• In this episode, CPO Sai Rangachari discusses why traditional technology providers are in a better position to help banks integrate AI than fintechs, how Temenos’ AI strategy could change the way we experience retail banking, and where he sees traditional providers’ competitive advantage.

Artificial Intelligence

Why 70% of banks don’t report the outcomes of Gen AI deployments 

• Major banks like Bank of America, Citizens, and JPMorgan are actively deploying Gen AI tools for employee productivity, but nearly 70% of AI use cases don't have any reported outcomes or measurable ROI.
• The lack of results stems from difficulty separating Gen AI progress from overall growth, challenges in mapping cost impacts from internal efficiency gains, and an inability to translate the AI hype into consumer and societal impact.

Artificial Intelligence, SMB Finance

How Intuit is designing embedded AI agents in QuickBooks to serve SMBs

• Traditional automation has helped with repetitive tasks, but often falls short when workflows get complex or unpredictable. In addition, key data remains siloed.
• Intuit is tackling this issue by embedding AI agents directly into QuickBooks, supporting core functions like payments, accounting, finance, and customer support to better serve SMBs.

Artificial Intelligence, Banking, Member Exclusive

How Bank of America cracked the code on AI adoption by making Erica indispensable to both customers and employees

• Bank of America transformed its customer chatbot Erica into an employee productivity powerhouse, achieving 50% IT service desk automation by strategically targeting common pain points and building adoption incrementally over five years.
• Learn the adoption secrets behind getting 90% of employees to embrace AI tools, including how Bank of America overcame the adoption hump and integrated generative AI with 25 proof-of-concept projects now entering production.

Artificial Intelligence, Business of Fintech

Inside Shopify’s company-wide Gen AI push under Tobias Lütke

• While traditional banks and credit unions have adopted a "slow and careful" approach to generative AI, limiting deployment to back-office operations, fintech companies like Shopify are taking radically different paths by integrating AI throughout their entire organizations and customer-facing products.
• CEO Tobias Lütke's leaked manifesto reveals a mandatory AI-usage policy that affects everything from employee performance reviews to resource allocation, but this aggressive approach highlights unresolved challenges around error management, equitable implementation across organizational hierarchies, and the need for proper safeguards in this new paradigm of AI-augmented work.