Investment

Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.

Ripple, MoneyGram and FV Bank all bolstered their ability to distribute digital assets, with cross-border transactions emerging as a primary use case.

Numerous reports and lawsuits have criticized the health insurer for using algorithms to ramp up denials of coverage.

Financial institutions are adopting AI technology into virtually every aspect of the business. Analysts and fintechs share a framework for protecting data and bank reputations.

The merger pairs the fintech's consumer lending platform with Gen Digital's identity-protection services, such as Norton, LifeLock and ReputationDefender.

Some smaller banks are punching above their weight when it comes to being AI-savvy, industry observers say.

The holiday season presents online shopping and charity scam risks, and this year presents a novel threat of AI-assisted fraud. Here's how banks are helping their customers avoid these schemes.

With a business-friendly crypto and AI overseer, observers expect a softer government approach to tech projects and partnerships.

While it's true that the National Credit Union Administration needs the authority to regulate third-party vendors, credit unions themselves have considerable power to force vendors to observe best practices.

The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.