Mass. Banks, CUs Turn to AI in Search of Advantage
More consumers are turning to artificial intelligence for financial advice. That’s pushed local credit unions and community banks to use AI to gain a competitive edge.
OpenAI Exec Warns of AI Voice Fraud Crisis in Banking
The financial industry faces a “significant impending fraud crisis” because of the technology’s ability to bypass security checks and move money, Sam Altman said.
Residential Real Estate Well Positioned to Quell AI Concerns
As developments in artificial intelligence continue, including tools that claim they can usurp the role of a human agent, the residential real estate industry isn’t concerned about losing jobs to AI; rather, agents say it can improve the job performance of existing agents.
Mass. Green Cement Startup Lands Contract that Could Unlock ‘Megaton’ Factory
Sublime Systems’ prototype cement factory in Holyoke is still under construction, but already it’s landed a contract that could unlock a huge new “megaton-scale” plant.
Pioneer Valley Credit Union Utilizing AI
Pioneer Valley Credit Union has partnered with Eltropy, an artificial intelligence-powered digital conversation platform for community financial institutions to improve the credit union’s loan processing process.
Boston Trails Competitors in AI Real Estate Growth Prospects
Greater Boston lags many large U.S. metros in capturing new tech industry growth, according to a new brokerage analysis.
Innovation Summit Showcased the Frontier of Banking Tech in Mass.
It’s clear the possibility of ensuring everyone is never far from high-quality digital banking services is within reach.
Mass. Banks, CUs Venture into AI-Powered Territory
A year after ChatGPT burst onto the national stage, Massachusetts’ banks and credit unions have begun adopting artificial intelligence-powered software tools in quests to enhance customer experience, offer new products or improve operational efficiency.
Architecture Grapples with the AI Question
Time is money in design and development. Is artificial intelligence the wonder drug for commercial projects in a costly market like Massachusetts?
Artificial Intelligence Creates a New Frontier for Real Estate
Real estate professionals now have myriad new tools that can be used to assist in day-to-day business activities and help streamline work, leading to more effective agents.
Naveo Credit Union Partners with AI Lending Marketplace
Naveo Credit Union is looking to expand its reach in...
Lawmakers Cautioned About Biases in AI Systems
Technology’s new frontiers present unique regulatory challenges for government systems that often lag behind the rates of change in fast-developing tech sectors.
Bank Collaborations, AI Ahead in 2022
Innovations coming in the next year could include enhancements to digital onboarding, internal processes and artificial intelligence, with some of these enhancements coming out of bank collaborations.
Financial Regulators Want to Learn More About AI
Federal banking regulators are taking a closer look at artificial intelligence, largely driven by the financial industry’s expanding use of AI. The question is whether they will be able to successfully adapt to address AI’s potential shortcomings.
Guaranteed Rate Spins Out Technology Company
Mortgage lender Guaranteed Rate has formed a new mortgage technology company, Gateless, that uses artificial intelligence in automating components of the mortgage loan process.
How Tech Tools Are Changing Architecture
The latest digital platforms can now augment everything from design presentations, marketing applications and complex 3D modeling, to robust, in-field trade coordination tools that are providing architects, clients and contractors with greater capacity and efficiency to get the job done.
How Intelligent Is Your Office Building?
The next time you’re in an office building, take a look around. Can you tell if you’re standing in a “smart” or “intelligent” building? What can you learn from the faces of the employees busily crisscrossing the lobby and corridors?
Launching a Lending Platform During the Pandemic
Jess Kennedy saw the mortgage process as a painful experience for people and wanted to find a way to remove that pain. Two years ago, she joined a team of five people who set out to build a digital lending platform.
Banks Face Familiar Obstacles to Evolve Small Business Lending
Small businesses often turn to community banks for business needs because of the relationships developed with bankers. But customers have come to expect even from their local bank the same conveniences made commonplace with technology.
Emerging AI Tackles Construction Hazards
Say hello to Vinnie, an emerging soothsayer star of the construction industry. Arriving as soon as this fall, he will be able to predict when construction industry workers are about to engage in particularly risky behavior that may lead to serious work site injuries.
