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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

How banks and credit unions use genAI today Short supporting copy. You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Many financial institutions have been using artificial intelligence (AI) for years, particularly in supporting cybersecurity and anti-fraud efforts.

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Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Labs Insights

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. million to further card-fraud methods. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace.

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The Ballad of the Small Banker: An SBA Lender’s Experience with PPP Loans

FICO

Because of all this, banks and financial institutions are bracing for mass delinquencies. Greg Tyre is a small business banker who underwrites loans at The Piedmont Bank in Georgia and is an SBA-preferred lender. Big banks are taking the automated route instead. The Piedmont Bank expected to lend $60 million in PPP loans.