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Securities and Exchange Commission Chairman Gary Gensler told lawmakers that artificial intelligence could be used to game securities transactions in favor of corporate interests over those of investors. Critics say the SEC's plan to combat such conflicts of interest is hostile to technology.
September 12 -
Executives at the Columbus, Ohio-based regional bank were convinced by a presentation Veuu, the solution's developer, made earlier this year.
September 8 -
Ant Group unveiled an artificial intelligence tool to use for wealth management and insurance services, joining the race for next-generation AI.
September 8 -
Artificial intelligence is on the cusp of solving some of the most chronic problems facing bank managers. They need to embrace it.
September 7 -
The botnet of 700,000 computers — many in the U.S. — had assisted in major ransomware attacks, with the financial sector as its primary target.
September 1 - AB - Technology
Financial institutions must adopt generative AI and large language models, or risk falling behind, experts said.
August 25 -
Following six years of development, the National Institute of Standards and Technology has released draft standards for three algorithms that can resist future attacks by quantum computers.
August 25 -
Investment in machine learning is outpacing consumer interest on the ground. Here's what companies like FIS and Marqeta are doing while waiting for demand to catch up.
August 24 -
While federal efforts to provide funding for minority small businesses wither, a lawsuit seeks to shut down an effective source of private capital.
August 24 -
Banks handle vast amounts of data, and understanding and making the most of that data is key to staying competitive.
August 23