#banking

All articles tagged with "banking"

Fintech startup Parker files for bankruptcy | TechCrunch

Parker files for Chapter 7, marking another fintech collapse in e-commerce banking

Corporate card startup Parker has filed for Chapter 7 bankruptcy after building its brand around underwriting tools for e-commerce businesses, leaving questions about customers, banking partners, and the durability of VC

Key Takeaways

Parker filed for Chapter 7 bankruptcy on May 7.
The startup focused on corporate cards and banking for e-commerce businesses.

DT Editorial Team·May 10, 2026·via techcrunch.com

Singular Bank’s Internal AI Assistant Shows Where Applied Finance Automation Is Heading

Singular Bank says its internal assistant, built with ChatGPT and Codex, helps bankers analyze portfolios, prepare for meetings in under a minute, and save 60 to 90 minutes per day.

Key Takeaways

Singular Bank says its internal AI assistant compresses portfolio review, meeting prep, and follow-up tasks.
The bank reports daily time savings of 60 to 90 minutes per banker.

DT Editorial Team·May 9, 2026·via openai.com

Scotiabank Signals a More Centralized Approach to Enterprise AI

Scotiabank has launched Scotia Intelligence, an internal AI framework meant to unify data operations, governance, and software tools in a single environment.

Key Takeaways

Scotiabank introduced Scotia Intelligence as a unified AI framework.
The platform is meant to combine operations, oversight, and tools.

DT Editorial Team·Apr 14, 2026·via artificialintelligence-news.com

US Officials Reportedly Push Banks to Test Anthropic’s Mythos Model

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly encouraged major banks to use Anthropic’s Mythos model to detect vulnerabilities, even as the company remains in conflict with the Trump

DT Editorial Team·Apr 13, 2026·via techcrunch.com