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How Financial Institutions Must Update Data Strategies for the Next Wave of AI
“In a 2025 consumer study by MX, 55% of U.S. consumers said they would give their financial provider access to more of their data if it resulted in a better experience, up from 46% in May 2024. Forty-one percent of respondents said they have used digital tools to bring different financial accounts into one view —…
How AI-First Banks Are Rewriting the Rules of Retail Banking
“Always-on Personal Relationship Manager for Every Customer: A personalized engine is leveraged to ensure every customer interaction is proactive and contextualized. It captures every trigger event, uses customer context, targets customers with a high propensity for a specific action (such as cross-selling), engages them, and executes action on their behalf with consent. Retail banks have achieved…
U.S. bank regulators ramp up scrutiny of AI use at financial companies
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Augustus Receives OCC Conditional Approval to Charter the First Clearing Bank For The AI Era
“For decades, fintechs innovated on the front end, building applications on top of 20th century infrastructure. Augustus is a break from the past—a nationally chartered US bank built from scratch around a truly modern core: programmable, autonomous, and always on—a true system of action. We’re seeing the demand already today, and the advent of the…