The Future is Now: Artificial Intelligence (AI) is Already Disrupting Banking

“AI’s disruption of banking is inevitable–for better or worse.’ So claims a recent column in American Banker. It’s a bold, maybe even alarming statement. But what does it really mean? Artificial intelligence is a branch of computer science aimed at making computers think more like people. In particular, AI aims to make computers learn, so […]

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Trouble for Marketplace Lenders Creates Opportunities for Banks – 3 Ways to Benefit

Alternative lenders like OnDeck, Prosper, and LendingClub have run into some real trouble lately. LendingClub’s situation is the most widely publicized–and the most serious, given that its CEO resigned amid questions about altering millions of dollars’ worth of loan applications. But the troubles in the sector go deeper than issues at one well-known company. Layoffs at Prosper, […]

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