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The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.

Technology

The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.

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Stuttgart, Germany - 04-03-2022: Person holding smartphone with website of Portuguese risk management company Feedzai on screen in front of logo. Focus on center of phone display.

Portugal's Feedzai will build the fraud detection system for Europe's planned digital currency, a deal worth up to $278 million.

SoFi Technologies

The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.