Fraudsters and modestly dishonest employees can use generative AI to quickly create convincing fake utility bills, pay stubs, passports and other documents banks rely on.

Mortgage subsidiary Newrez expects to begin moving borrowers onto the platform by 2027, with the deal marking its second major tech investment this year.

AI can accelerate onboarding by providing recruits with real-time feedback, support compliance by flagging documentation issues, and close the confidence gap by offering reliable answers on the spot writes the CEO of Friday Harbor

Titl hopes to standardize and connect property records through a centralized, digitized U.S. registry, which would lead to reduced closing times and costs.

The deal comes as technology experts see likely 2026 artificial intelligence breakthroughs in mortgage to come through improved underwriting.

AI tools like ChatGPT are reshaping mortgage marketing, forcing lenders to rethink SEO, brand authority and how they show up as consumers turn to generative search for answers.

The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.

The House Financial Services Committee discussed allowing banks to experiment with artificial intelligence with a waiver from regulatory penalties, including consumer protection laws, in a hearing.

New rules means sellers and servicers will need to have plans demonstrating proper oversight of their artificial intelligence and machine learning practices.

Perceived risk among lenders may result from a struggle to fully understand what the technology can and won't do as advocates tout its efficiency and speed.

Saul Van Beurden, Wells Fargo's consumer banking CEO and former head of technology, will lead the way on harnessing artificial intelligence.

Reskilling and giving AI the boring work are two approaches banks take to making agentic AI palatable to workers who may fear that bots will take their jobs.

Federal Reserve Gov. Lisa Cook, citing several studies, outlined her concerns Thursday that generative AI could be used to manipulate markets, and regulators have not yet thought through how to police such activity.

A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers.

The multi-year, $100 million agreement will allow users to take financial actions without leaving the ChatGPT app.

More profitable companies are weighing deals because they're bullish on their leverage or are simply eying today's big price tags, the expert said.

A new research report this week found AI could 'unlock' $370 billion in profits for banks, though they're not yet ready to capture it. But big-bank executives say they are already seeing measurable results from their generative and traditional AI investments. 

Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may cause job losses in the short term.

UWM Holdings set a single-day record for rate locks in September at $4.8 billion, taking advantage of the window of opportunity leading up to the FOMC meeting.