Banking

CGI: 75% of Banks Explore Agentic AI as APIs Become Front Door

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CGI: 75% of Banks Explore Agentic AI as APIs Become Front Door

Europe – October 15, 2026 -- 75% of banks are exploring agentic AI, yet 39% remain in the proof-of-concept phase, according to CGI's latest Voice of Our Clients research. CGI argues that lenders must now prepare for customers who delegate product selection to AI agents.

APIs replace the app as the bank's front door

CGI says AI agents will compare, calculate and negotiate based on structured product information, reliable APIs, transparent pricing and lending criteria that software can interpret, rather than on app design. An agent could assess a bank's offering in milliseconds, reject its API and move on to a competitor. CGI frames API quality as a business capability and a source of competitive advantage, not only an IT metric.

Banks Shift Global Capability Centers From Cost Hubs to Strategy Engines

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Banks Shift Global Capability Centers From Cost Hubs to Strategy Engines

Global – – October 15, 2026 -- Launching a global capability center (GCC) no longer differentiates a bank, according to CGI, which identifies five attributes that separate high-performing banking GCCs from those that fall short of their potential.

Top GCCs are judged on business outcomes, not headcount or utilization

Many centers are still measured on headcount growth, utilization rates, cost savings and project volumes. CGI argues that leading banks instead tie GCC success to the initiatives it accelerates and the value it helps create in modernization, growth, resilience and customer experience.

Ally Financial CFO to Present at BancAnalysts Boston Conference

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Ally Financial CFO to Present at BancAnalysts Boston Conference

Charlotte – October 15, 2026 -- Ally Financial (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the BancAnalysts Association of Boston Conference on Thursday, November 5, 2026, at approximately 9:35 a.m. ET.

Ally CFO Hutchinson takes the stage at 9:35 a.m. ET on November 5

The appearance gives investors and analysts a scheduled opportunity to hear directly from the CFO of the NYSE-listed company. The source material does not disclose the topics, financial guidance, or presentation materials for the session.

Ally to stream the session live and post a replay

Ally will broadcast the presentation as a live webcast on the day of the conference. The webcast will be available in the Events and Presentations section of the company's Investor Relations website. A replay will also be posted for those unable to join live.

EOS Survey: 29% of Europeans Prefer AI for Sensitive Banking Talks

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EOS Survey: 29% of Europeans Prefer AI for Sensitive Banking Talks

Hamburg – October 15, 2026 -- Some 29% of European bank customers would rather discuss sensitive financial matters with AI than with a human employee, according to the EOS Banking AI Barometer published by EOS Group. Among 18-34-year-olds, the share rises to 38%.

46% of consumers report better bank communication through AI

Only 11% of respondents perceive a decline in service quality. Some 54% value AI for helping them find information, and 51% praise faster communication and round-the-clock availability.

Trust in AI's problem-solving ability stays at 35-36%

Only 35% to 36% of respondents trust AI to understand their needs, act with precision and solve problems effectively. Some 60% miss the human touch in AI communication.

EOS Group CEO Marwin Ramcke said the best banks use AI as a tool for better service, not as a replacement for relationships.

Nordea Q3 ROE Hits 15.1% as AuM Climbs 13% to Record EUR 509bn

Helsinki – October 15, 2026 -- Nordea Bank Abp posted a third-quarter return on equity of 15.1% and earnings per share of EUR 0.35, while assets under management rose 13% year on year to a record EUR 509bn. Operating profit fell 4% to EUR 1.5bn.

Total income rises 2% to EUR 3.0bn as fee growth offsets weaker trading

Net fee and commission income increased 9% year on year, driven by a 14% rise in savings income. Net interest income grew 1% both year on year and quarter on quarter, as volume growth was partly offset by lower lending margins.

Net fair value result dropped 19%, which Nordea attributed to extraordinary interest rate volatility late in the quarter. Costs excluding regulatory fees were flat when adjusted for foreign exchange effects, and the cost-to-income ratio, excluding regulatory fees, stood at 45.0%.

America First Credit Union Names CFO Missy Key Next CEO

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America First Credit Union Names CFO Missy Key Next CEO

Riverdale – October 14, 2026 -- America First Credit Union's Board of Directors has selected Chief Financial Officer Missy Key as President and CEO, effective March 1, 2027, to succeed Thayne Shaffer, who will retire after 38 years with the institution.

Key becomes the sixth CEO in America First's history

Key has spent 38 years at America First, holding progressive roles in accounting and finance. Most recently she served as executive vice president and CFO. In that role she worked with the executive leadership team on strategic direction and on strengthening the credit union's financial position, according to the announcement.

Succession follows two mergers and growth to nearly 1.7 million members

The appointment comes after a year in which America First merged with Meadows Bank and Greater Nevada Credit Union. Membership has grown to nearly 1.7 million.

Primis Financial to Report Q3 2026 Results on October 22

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Primis Financial to Report Q3 2026 Results on October 22

MCLEAN, Va. – October 14, 2026 -- Primis Financial Corp. (NASDAQ: FRST) will release its third quarter 2026 results after the market closes on Thursday, October 22, 2026, with a conference call and audio webcast for analysts and investors set for 10:00 a.m. Eastern Time on Friday, October 23.

Primis schedules analyst call for the morning after the earnings release

The call follows the release by roughly one trading session. Participants are encouraged to dial in 15 minutes before the start. Access is available through a webcast and three dial-in lines: one toll-free and two toll numbers for the US East and US West. All callers must enter Meeting ID 709 063 364 and request the Primis Financial Corp. earnings call. A replay will be available through the webcast link.

Branch Launches White-Label Earned Wage Access for Banks

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Branch Launches White-Label Earned Wage Access for Banks

Tampa – October 14, 2026 -- Branch has launched a white-label Flex earned wage access (EWA) model for banks and credit unions that carries no balance-sheet risk and requires no new underwriting, because Branch funds every advance.

The configuration lets financial institutions embed EWA inside their own banking apps under their own brand. Branch oversees compliance and handles integrations, calculations, disbursement and repayment through an API-first, bank-grade compliant integration.

Branch extends its Flex model from employers to financial institutions

The launch builds on the Flex model Branch introduced earlier this year, which made embedded EWA faster and lighter to deploy for employers. The same approach now targets banks and credit unions facing the multi-year timelines typical of core banking projects.

Bank of America Publishes Q3 2026 Results, Holds 8:30 a.m. Call

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Bank of America Publishes Q3 2026 Results, Holds 8:30 a.m. Call

Charlotte – October 14, 2026 -- Bank of America released its third-quarter 2026 financial results today, along with a supplemental filing and an investor presentation. The materials are on the bank's Investor Relations website. The announcement itself carried no earnings figures.

Form 8-K with full results is on file with the SEC

A Form 8-K containing the financial results is available on the U.S. Securities and Exchange Commission's website. Investors and analysts can use the filing, the news release and the supplemental package to review the quarter's numbers.

Moynihan and Borthwick take investor questions at 8:30 a.m. ET

Chair and CEO Brian Moynihan and Executive Vice President and CFO Alastair Borthwick will discuss the results on an investor conference call at 8:30 a.m. ET today. Participants are asked to dial in 10 minutes before the start.

Islamic Bank of Guinea Wins Two Global Brand Awards 2026

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Islamic Bank of Guinea Wins Two Global Brand Awards 2026

London – October 14, 2026 -- Islamic Bank of Guinea (Banque Islamique de Guinée, BIG) has won two honours at the Global Brand Awards 2026, organised by Global Brands Magazine (GBM): Best CSR Islamic Bank – Guinea and Excellence in Islamic Financial Solutions – Guinea.

GBM cites Sharia-compliant offering and community focus

GBM said BIG was recognised for delivering Sharia-compliant financial solutions while generating impact beyond banking. The bank's focus areas are financial inclusion, responsible governance and community development. GBM says the programme rewards sustained excellence, innovation and measurable impact.

GBM CEO Jay Reddy described the bank's approach to Islamic finance as disciplined. He said it combines responsible financial solutions with a clear commitment to social and economic development, and that the awards reflect BIG's consistency in serving the Guinean market.