PayThink

If we allow algorithms to inherit yesterday's incentives — maximizing return, minimizing empathy — then tomorrow's system will be flawlessly efficient at reproducing inequality.

Romance scams and other "pig butchering" frauds are growing rapidly. Should banks refund the stolen money? Not all agree on the answer to that question.

Morgan Stanley wants to get into crypto, and Kraken is getting inside the Fed. Plus Banco Santander faces a dilemma, and prediction markets make some questionable bets.

RIA leaders are debating "digital employees" but expect service models to expand to meet growing HNW needs, says industry observer Ric Edelman.

The Financial Crimes Enforcement Network's expectations of banks that file suspicious activity reports have changed. Some banking clients may soon discover that they are less appealing customers than they used to be.

Sanctions forced Iran to build its own financial network, but technology allows it to take the war anywhere

The Block CEO said companies will need fundamentally fewer workers in the AI age. The question is, how many fewer?

If the next phase of digital money policy is to succeed, it must grapple with a simple truth: People do not experience money through legal categories. They experience it through use. That's a fact that supervision must account for.

The Iran conflict is more likely to have an indirect effect on banks, one that may take years to show up as the ramifications filter through the economy

The responsible gathering of data on consumers is intrinsic to the verification tools that keep everyone safe from identity theft and other forms of fraud. Blanket attacks on "data brokers" will harm consumers, not help them.