Compliance

Financial security teams must treat AI like a junior analyst, requiring humans to own decisions and approve any responsive actions to threats.

Bank of Montreal has introduced a tokenized cash and deposit platform, while the London-based Monument is partnering with the Midnight Foundation's distributed ledger. Also, Starling Bank's AI play, stablecoins gain ground in APAC and Africa and more in the American Banker global payments and fintech roundup.

A TD Bank expert warned RSAC attendees that criminals use cheap printers, stolen data and AI to bypass identity verification in under five minutes.

Capital One's Andy Ozment urges banks to break down internal silos and implement rigorous checks to catch nation-state impostors hiding in remote roles.

Banks are a critical link in the chain of elder fraud; blockchain is exciting and infrastructure is boring, but they're actually the same thing; and there are way more home sellers than buyers.

The investment firm is growing its digital asset portfolio in a "tokenization race" by being the external asset manager for Superstate's flagship on-chain fund.

With seniors losing billions to scams, cybersecurity experts say banks must partner with telecom and tech companies to intercept fraud earlier.

Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.

CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.

The Oklahoma community bank partnered with two digital asset companies to create a cross-border form of tokenized U.S. dollar deposits.