HSBC processes over 1.3 million anti-money laundering alerts annually. Before deploying AI, each alert required a human compliance analyst to review the...
In September 2023, Goldman Sachs quietly disclosed that it had deployed an internal AI platform capable of generating code, summarising documents, and...
The global market for cloud-native core banking platforms grew 48% year over year to $18 billion in 2025, according to Gartner’s banking...
Global investment in next-generation banking technology reached $95 billion in 2025, according to IDC’s Financial Services Technology Spending Tracker. The spending covers...
Financial institutions processed an estimated $1.8 quadrillion in global transactions in 2024, and fintech infrastructure handled a growing share of that volume,...
Bank spending on fintech partnerships exceeded $27 billion in 2024, according to McKinsey’s Global Banking Annual Review. That figure includes technology licensing...
Fintech banking platforms are reducing operational costs by up to 40% compared to traditional financial institutions, according to McKinsey’s 2024 Global Banking...
An MLOps engineer at a top-10 US bank used to measure success by whether a new credit-risk model made it into staging....
A credit analyst at a US regional bank used to spend Monday morning skimming three earnings transcripts, a 10-Q, and four analyst...
A mid-sized US bank now generates more raw data in a single trading day than its entire data warehouse held in 2015....
A risk manager at a US regional bank used to open the week with a thick stack of Monday-morning reports — one...
A compliance officer at a US regional bank used to spend the final weekend of each quarter closing out the FFIEC Call...
An auto insurer in Ohio used to price a policy by pulling a consumer’s credit score, the vehicle’s VIN, and a census-tract...
A first-time investor in Dallas used to open a brokerage account by walking into a branch, filling out a five-page form, and...
A Chicago software engineer used to paste her checking-account username and password into a budgeting app and hope it did not store...
A compliance analyst at a mid-sized US bank used to spend her Monday mornings manually reconciling sanctions-screening exceptions in a spreadsheet. In...
A community bank CIO in Iowa used to schedule her mainframe core upgrade for the third weekend of every quarter and hope...
Sandeep Gourneni is a seasoned technology leader and Technical Program Manager with over 17 years of trailblazing experience in banking product development...
Dominated by multinational banks and digital-first financial giants, community and cooperative banks stand as vital pillars for local economies. These institutions prioritize...