“AI Will Soon be Everywhere, So Don’t Get Left Behind Just like spellcheck or Excel formulas, AI will become a standard part of every tech product. Think Apple phones and how they include AI at no additional cost. Banks and credit unions must shift from viewing AI as a luxury to treating it as a…
Tag: bmcgee
New AI Study Shows Five Reasons Executives Use ChatGPT More Than Staff
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Why 95% of Enterprises Are Getting Zero Return on AI Investment
“The build vs. buy decision point The data overwhelmingly supports strategic partnerships over internal development. Organizations pursuing external partnerships achieve deployment success rates of 67% compared to 33% for internal builds. This advantage extends beyond simple success metrics to include faster time-to-value, lower total cost, and better alignment with operational workflows.” Read more >>
AI-Native Loan Origination Platform Casca Raises $29 Million to Replace Legacy Lending
“Casca’s flagship customers – Live Oak Bank, the nation’s leading U.S. Small Business Administration SBA 7(a) lender by dollar volume, Huntington National Bank, the nation’s largest originator, by volume of SBA 7(a) loans, and Bankwell Bank, Casca’s first customer – all invested. Bankwell, Y Combinator, and Peterson Ventures, a renowned investor in the vertical SaaS…
This JPMorgan Banking Expert Has a Dire Warning About AI Scams: ‘Nobody Is Immune’
“AI is quickly transforming how scammers operate, as even cautious consumers are falling victim to increasingly sophisticated fraud schemes. Cyber fraud drove record losses of $16.6 billion in 2024, up 33% from 2023, and experts are ringing the alarm bells—anything to get our attention about the pervasive frauds coming through our phones and inboxes.” Read…