Firms are using AI more than ever, but few have adopted clear policies outlining human oversight or how third-party vendors should handle cybersecurity.
Thomas Eide's CB Surety ran small charges on prepaid cards to dilute clients' charge-back ratios, keeping open the accounts banks would have closed.
As wealth tax proposals pop up around the country, advisors guide clients through assessing how these factors change the equation of financial planning.
The big box retailer was a notorious holdout, but payment analysts said consumer annoyance and the coming of agentic payments are weighing against the data control enjoyed by keeping Apple outside.
Press an "easy button" for an internal succession or go the harder, often more lucrative route of leaving an employee brokerage to sell an independent practice? A new report from one recruiting firm shows which lane most advisors choose.
The law, which takes effect Jan. 1, will require banks to clearly disclose the use of AI in decisions that affect customers, show customers all data used by AI to deny a loan or new account, and give people a way to correct any inaccuracies.
