Technology
artificial intelligence hire.jpg

Lack of understanding remains a key hurdle for adopting traditional and generative artificial intelligence-powered tools, but banks and credit unions are still eager to use AI, according to data from Arizent.

Ted Cruz

Sens. Ted Cruz, R-Texas, and Katie Britt, R-Ala., offered a new bill that would index the Durbin Amendment's debit fee threshold to inflation. The bill joins a number of community bank-centered bills offered or moving through Congress

Texas AG Ken Paxton

Civil rights groups object to a $68 million settlement between the Department of Justice and Colony Ridge Development in Texas, calling the deal a sham because it funnels $20 million into immigration enforcement and surveillance of victims.

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FDIC Chair Travis Hill At The DC Blockchain Summit

The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says aims to widen the bidder pool and cut failure costs.

Paul Vigna and Brett Tejpaul at the On-Chain Executive Summit on March 19.

Brett Tejpaul, co-CEO of Coinbase Institutional, discussed how the crypto exchange plans to bring its trading infrastructure to more financial institutions.