Investment

In a speech Friday, Federal Reserve Gov. Michael Barr said the advent of generative artificial intelligence promises to boost bank productivity, but banks should be careful in choosing AI partners to delineate data security responsibilities.

A Plaid spokesperson said an IPO remains 'a milestone we're tracking toward' but it wouldn't happen this year.

Employees are using ChatGPT without telling their managers and the IT team. That's not necessarily a bad thing.

Individual victims of the data breach could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.

Financial services executives report seeing an increase in quantifiable value from AI investments in the fifth annual Broadridge survey.

The new system is intended to help trading partners improve liquidity, mobility and speed, the organization said.

The industry was already spending billions to automate before 2020. What it needed was a cultural shift to try new things.

John Kothanek, who leads the crypto exchange's global intelligence team, shares some of the ways the company helps investigate on-chain crime.

The ECB president said demand for higher-skilled workers who can use AI would rise, while those less able to learn new skills could suffer.

Here's what bankers should know about Trump's recent crypto reserve moves, Evolve Bank's continued fallout, artificial intelligence and other technology news.