Technology

An automated alert system auto-closed "a very high percentage" of suspicious-activity flags at the bank, the OCC said.

The CEOs of JPMorganChase, Goldman Sachs and Standard Chartered said they're reducing some roles due to advances in AI, the same week the Pope spoke of the need to protect workers.  

Tokenization is being adopted from within the system, not alongside it. It's improving how markets operate by making settlements faster, increasing their mobility, boosting transparency and expanding access.

Jim Gold of Steward Partners thinks impending advisor retirements will continue driving smaller RIAs into M&A deals with big acquirers — even as AI turns many investors into "do-it-yourselfers."

Cetin Duransoy said every employee at his company is now using AI in some way.

The central bank said it had a new proposal for its so-called skinny accounts, right after the White House ordered essentially the same thing. Coincidence?

Many banks are missing revenue and cost-cutting opportunities—and potentially disenfranchising customers by not offering relevant app details.

The business banking fintech, which recently received conditional approval for a de novo bank charter, now has a $5.2 billion valuation.

JPMorgan, Mozilla, Palo Alto and other Glasswing partners have new latitude as Anthropic loosens disclosure rules under congressional pressure.

Like most payment companies and banks, the stablecoin firm is lining up a suite of services for demand that hasn't quite materialized, but likely will – in some form.