In|Vest 2018 Direct

The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.

As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.

The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.

The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.

The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.

As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.

Securities and Exchange Commission Commissioner Hester Peirce announced Friday that she would leave the agency on Oct. 2.

Andreas Schindler is the Founder and CEO of dnl.ai, an AI audit technology company he spun out of the Technische Universität Berlin in 2019, incubated at the university's Centre for Entrepreneurship. He has spent the last eight years building machine learning systems for the people who audit financial statements – software that structures audit procedures, validates figures, and ties documentation back to its supporting evidence. Today dnl.ai serves more than 130 accounting firms and 15,000 auditors, including teams at KPMG, BDO and RSM, and the platform has supported more than 60,000 audits. It is ISO 27001 certified and hosted in the EU. Andreas writes and speaks on how audit standards should account for AI-assisted evidence, most recently in a comment letter to the PCAOB. Trained in finance and accounting, Andreas spent a decade in insurance risk before turning to machine learning. He holds a Master of Science in Finance & Accounting and a Bachelor of Laws in business law (Wirtschaftsrecht), both from FOM Hochschule für Oekonomie & Management.

The British financial firm's Pay with Smile uses facial recognition for no-touch checkout, an attempt to drum up support for its new point of sale device. As with most biometric checkouts, making users comfortable and building a network will be most of the battle.

FiCare Federal Credit Union says callers passed Fiserv's verification with stolen data and got fraud blocks lifted. Five others reported the same.