Technology

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.

The intrusion did not affect the financial industry directly. But it presents a warning to banks that are deploying agentic AI.

A surge in bank charter approvals for fintechs and crypto firms creates new risks for sponsor banks.

A study of consumer-banking queries fielded by ChatGPT, Claude, Gemini, Perplexity and Google AI Overviews found the nation's largest bank has nearly a third of the models' mindshare.

The DTCC piloted a tokenized version of its stock-settlement system. But the real future of trading has to involve currency, not just securities.

The class action is an early test of whether credit unions can hold their vendors liable for the cybersecurity they promise.

SEI may not be the first firm that comes to mind when thinking about the industry's custodians, but the firm has built a substantial client base of financial advisors over more than 30 years.

The neobank fintech built investing services into its mobile banking app as it anticipates the potential of rollovers from newly-opened Trump Accounts.

In a new paper, the frontier model creator shares how its LLM processes information and generates responses. This could open doors to training, interpretability and governance issues for banks that aim to use it.