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Sign up for Insights Distilled, the newsletter that curates the 5 key tech news stories that financial services execs need to know every week, with context on why they matter ➡️📧 --> https://lnkd.in/gWyP6Vx7 This week’s edition includes three stories that highlight the power of partnerships and why they’re crucial for driving innovation for big FinServs, especially around artificial intelligence. Here are our headlines: 💰 According to new research from Evident, five US banks are dominating early-stage AI investing within the industry, as they race to map the future of the industry.  🏦 JPMorgan backs AI-powered wealth management studio, TIFIN. ☁️ Top banks are collaborating through FINOS on open source standards for cloud compliance.  🔁 Bank of America tech exec Andrew M. calls fintech-FinServ collaboration a “never-ending evolution loop.” 🤝 To ebb the tides of under-performing digital transformations, leaders need to trust and empower their teams to pivot when necessary.  For much more on those stories and to stay-up-to-date on the technologies shaping financial services, subscribe today >>

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Thanks for highlighting our research! For more information on how banks are driving innovation in AI and who is currently leading the race, read our full Innovation Report here: https://www.evidentinsights.com/innovation-report/

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