We analyze the top 15 US financial institutions by AI implementation, cutting through marketing hype to identify the leaders driving measurable business value.
Our distinct four-tier categorization reveals which institutions are building competitive moats through artificial intelligence.
SMB customers need more than just the traditional checking account from their banks, firms that want to capture and retain SMB customers need to go further and build products that help make running an SMB easier.
On the show today, Mark Valentino, President of Business Banking at Citizens, and Taira Hall, EVP and Head of Enterprise Payments at Citizens, join to talk about how the bank aiming to become a command center for SMB owners.
Banks struggle with AI adoption due to outdated data systems and cultural resistance; Temenos' Barb Morgan addresses these foundational challenges.
Morgan talks about how Temenos is helping the industry in evolving towards gradual AI deployment, market-centric innovation, and customer-driven product development approaches.
US Bank launched a spend management platform and an all-in-one Business Essentials checking account that accepts card payments with same-day fund access, building on its acquisition of Bento Technologies to create an integrated SMB banking ecosystem that consolidates multiple business tools into one platform.
Banks need to integrate generative AI into their SMB spend management and cash flow tools to compete with fintech innovations like Lili's Accountant AI, as small business owners increasingly use AI for content creation, data analysis, and marketing strategies while seeking faster answers and more efficient business execution.
Traditional banks are losing market share to non-bank FIs who are proving to be more agile in their SME lending approaches.
Finastra’s Principal Product Manager Kristen Lista joins the Tearsheet podcast today to discuss how consolidating technology and decreasing the time between application and access to funding can fuel traditional bank's SME lending approaches.
