Technology

BNY's Robin Vince and Nubank's David Velez have joined the boards of the OpenAI Foundation and OpenAI Group Public Benefit Corporation; Old National Bancorp has revamped its top leadership teams; City National Bank appointed Lindsay Dunn executive vice president and head of personal and business banking; and more in this week's banking news roundup.

The global co-head of J.P. Morgan's blockchain business unit says the financial services industry will be "replatformed."

The head of global operations at Anchorage Digital said she's encountered a lot of skepticism about the need for digital asset infrastructure.

The chairman and CEO of Vast Holdings, parent of Vast Bank, believes banks that don't embrace innovation will be at risk.

The chief operating officer of Bitgo says banks will need flatter organizations when they participate in on-chain finance.

CEO Steve Squeri said the company is adding fewer customer service representatives and is cutting down on a backlog of technology projects.

Kalshi's Head of Enforcement Robert DeNault and former CFPB acting Director Mick Mulvaney shared opposing views on the controversial sites at a CFR event.

A New York judge refused to dismiss Attorney General Letitia James's suit accusing Zelle's operator of enabling more than $1 billion in scams.

The Hugging Face breach gives bank executives reason to rethink some of their technology choices.

An OpenAI program managed to escape its sandbox, go out on the web and find another AI platform, and hack it. Not even OpenAI expected that.