November 20, 2019

Double win for Israel Discount Bank at RBI European Awards

A hearty well done to all of the winning banks with a special mention for double winners: Israel Discount Bank. Moreover, IDB collected the awards for two hotly contested categories: best fintech partnership and best use of AI.

Retail Banker International

August 27, 2019

US Bank expands AI insights in its mobile app

Through its latest app upgrade, U.S. Bank is folding capabilities typical of third-party personal nance apps into its mobile experience, including spending trends and automated nancial advice capabilities it’s calling Insights. Insights is based on technology developed by conversational AI company Personetics.

Bank Innovation

August 22, 2019

RBC focuses on digital products as mobile adoption spikes

“Active mobile users have increased 17% from 3.7 million to 4.3 million since the same time last year. Total mobile sessions at RBC have increased 26% year-over-year from about 56 million to almost 71 million this quarter, and active digital users have increased 8% from about 6.6 million to 7.1 million. Almost nine out of every 10 financial transactions are now self-serve for RBC.”

Bank Innovation

August 21, 2019

New U.S. Bank Mobile App Delivers 100 Million Insights

“In less than a year, we rebuilt the U.S. Bank mobile app by co-creating with customers and our initial results have surpassed our expectations. But we haven’t stopped – within just a few months we rolled out Spanish language functionality, added dozens of new features and now brought the app to Android.”

Yahoo! Finance

August 19, 2019

AI leaders in financial services

A good case could be how AI and predictive analytics were used by UK-based Metro Bank to help customers manage their finances. Working in partnership with Personetics, the bank launched an in-app service called Insights, which monitored customers’ transaction data and patterns in real time.

Deloitte Insights