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Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Chair Travis Hill said the Silicon Valley Bank failure showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
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As banks have adopted multifactor customer authentication systems, they have inadvertently made it more difficult for many disabled customers to access their accounts. The fix is less complicated than it appears.
June 18
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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 -
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 -
Fraud sophistication, transaction velocity and regulatory expectations require a new approach. AI is at the center of it..
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Tokenization of assets is going to transform global finance, but by dragging their heels on establishing clear rules of the road, U.S. regulators could be pushing the development of key infrastructure overseas.
June 12
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An employee uploaded customer data to an unauthorized AI app. The bank says it reached the vendor before a model could train on the data.
June 8 -
The order asks major AI companies to voluntarily give the government a preview of their latest models.
June 2









