Technology

FiCare asked a judge to stop Fiserv from using automated checks to lift fraud holds. Fiserv says the credit union could have turned on one-time passcodes.

The federal agency's proposed definitions characterize event contracts as swaps, but exclude "casino-style" gambling.

Technical hurdles and depositor inertia get in the way of Meta Muse or another AI agent sweeping all consumers' deposits out of their banks any time soon. 

In a speech, Federal Reserve Gov. Christopher Waller said a new protocol will ensure data from FRED, FRASER and other databases is interpreted and sourced accurately by AI agents.

Meta's Muse digital assistant and fintechs have drawn lots of attention, but Amex contends it can harness its long history and ample data to train its internally developed artificial intelligence agents.

What can banks learn from developments around consumer-facing apps like Muse about the future norms they will inevitably have to navigate.

The federal banking agency has conditionally approved Mission Lane's request for a limited-purpose credit card bank charter.

Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."

The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.