PayThink

Lenders fronting the money for massive arrays of AI-friendly semiconductors have no visibility into their actual output. That could change with better reporting standards modeled after the energy industry.

Small banks are uniquely vulnerable to local climate disasters, from floods to wildfires to tornadoes. Supervisors should be playing a more active role in helping them identify, measure and manage their risk.

Just because apps can categorize your spending and provide feedback doesn't mean that those insights are always helpful, or even welcome. Some empathy needs to be built into their design.

Parties trying to restrict stablecoin rewards have been relying on a trio of false claims that, despite public debunking, continue to be spread. At some point, the repetition of fake talking points begins to look purposeful.

Banks are racing to adopt artificial intelligence while often de-emphasizing basic banking education — human intelligence — at the new employee, executive, and board levels. That's a recipe for disaster.

Artificial intelligence tools will certainly change the way the banking industry operates, but they won't eliminate the need to build your business on a firm foundation of care for employees, customers and shareholders.

Working at Federal Reserve headquarters on Sept. 11, Roger Ferguson knew he had to act quickly. But he was the only senior Fed leader in the country that morning.

Elizabeth McCaul was in Japan on the morning of Sept. 11. Which gave her one advantage: she had a working phone.

Donald Powell was sworn in as chair of the FDIC just two weeks before the Sept. 11 attacks. Settling into the role was not going to be an option.

An agent that takes an unexpected action in the service of achieving its assigned goal can create vulnerabilities that may be difficult to spot in real time. These problems can compound if the agent continues to act within a bank's systems.