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The frontier AI model provider confessed its agents broke out of their sandboxes three times to attack other companies' systems. The incidents are a warning for banks to remain vigilant while embracing the new technology.
28m ago -
The card network closed on a $1.8 billion deal to acquire a company that connects digital currencies and traditional money, a key bridge as more non-crypto natives embrace digital assets.
29m ago -
The second-largest U.S. bank provided an update to investors about the consent order issued by the OCC in 2024, saying a resolution may include monetary penalties.
44m ago -
Fintech founder Randy Fernando launched his latest startup, an AI-focused software provider for banks called Maximum, with $30 million in seed funding.
1h ago -
The Treasury's financial crime prevention arm said the Swiss firm's U.S. brokerage wing largely ignored a 2018 consent order to clean up its anti-money-laundering processes, leading to the historic settlement announced early in August.
3h ago -
Mark Paoletta, the Consumer Financial Protection Bureau's chief legal officer, has taken over as the agency's acting director. Russell Vought's term ended Aug. 1.
3h ago











