Artificial Intelligence
Artificial intelligence
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
5h ago -
The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.
June 18 -
The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.
June 17 -
Kristin Milchanowski, the bank's chief AI and data officer, shared some of her AI leadership do's and don'ts at American Banker's Digital Banking Conference.
June 17 -
Two industry leaders at American Banker's Digital Banking conference said banks' fraud and identity controls weren't built for software acting as the customer.
June 16 -
BofA is using an old-school method to battle the world's newest scams: in-person seminars, taught at brick-and-mortar branches.
June 16 -
Regulators have signaled that the speed of progress in generative and agentic artificial intelligence makes producing definitive guidance impractical. That does not remove banks' obligation to face up to their risks.
June 16 -
Despite predictions of mass white-collar job losses from AI, two major firms have chosen the "human plus AI" approach.
June 15 -
The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
The same groups want the Securities and Exchange Commission to drop its breach-disclosure rule while asking Congress to keep a confidential threat-sharing law.
June 12 -
The Dutch payment processor has agreed to acquire artificial intelligence-powered fintech biller Orb, its second acquisition in three months in an effort to speed development.
June 12 -
City National Bank appointed longtime executive David Cameron as chief operating officer; JPMorganChase is selling a limited-edition Lego version of its new midtown Manhattan headquarters; Esquire Financial Holdings received regulatory approval to complete its acquisition of Signature Bank in Chicago; and more.
June 12 -
Visa and Mastercard are making it easier for AI agents to make autonomous payments within large language models, while fintechs such as Robinhood and Coinbase are opening their doors to those same agents to keep customers within their ecosystem. Payment experts say that puts banks on the defensive.
June 12 -
The bank has decided it doesn't want to be at the mercy of tech companies and the price they demand for services, and is building its own "AI factory."
June 12 -
The super-regional bank is increasingly building AI on its own. The point, CEO Bill Demchak said this week, is not just to foster innovation but to protect the bank from rising costs.
June 11 -
With the big card networks and Coinbase pushing the new form of artificial intelligence, the blockchain company is offering a tool kit to enable AI agents to perform transactions.
June 11 -
A federal judge let fraud claims against Meta proceed, finding its AI ad tools may have helped build ads that impersonated a Bank of America executive.
June 11 -
Most banks are unprepared to stop or report an AI model run amok, a Wolters Kluwer study found.
June 10 -
The digital bank released a treasury management system for its business users powered by a robo-adviser.
June 10 -
The Dutch payment processor says that overall declines in payments crime obscure a broader danger as the threat migrates to hard-to-spot consumer uses and AI.
June 9






















