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Artificial Intelligence

Compared to healthcare, traditional banks look like trailblazers
The financial sector is entering a new phase in its evolution, as shifting banking methods herald a change in the way businesses send, receive and process payments
Sutton Bank and Bankers Helping Bankers set up new group to represent the rapidly growing sector
Anchorage was the first ‘digital asset’ bank approved by the regulator last year
Up to 24% of small businesses with under $1 million in annual revenue use neo-banks
Fintech company Flow Your Money plans to use investment to grow its self-driving money platform
KeyBank survey also found that younger generations prefer a combination of digital and in-person banking
Third-party providers of software will experience a significant increase in interest in their services, according to market research
Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
As banks begin transitioning to digital currency to meet consumer demand, regulations and compliance must evolve
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