Technology
Technology
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The Office of the Comptroller of the Currency disclosed a significant email system security breach that revealed sensitive data about federally regulated banks. The breach follows a similar incident at the Treasury Department earlier this year.
April 8 -
The agreement surpasses Stripe's $1.1 billion deal to buy stablecoin payments platform Bridge in February.
April 8 -
The largest asset manager globally announced Tuesday it will enter a new master custody service agreement with Anchorage Digital, the only U.S. federally chartered digital asset bank.
April 8 -
The second-largest U.S. bank is pushing generative artificial intelligence out to most employees while continuing to offer its more traditional AI-based Erica virtual assistant to customers, says tech executive Hari Gopalkrishnan.
April 8 -
As more states adopt digital identity, there is an opportunity for banks to improve authentication.
April 8 -
New American Banker data hypothesizes that controlling cybersecurity and fraud risks within payments systems can create significant revenue growth.
April 8 -
A joint advisory from the U.S. and allies warns that fast flux is enabling threat actors to hide malware and control compromised devices undetected.
April 7 -
Market data providers like Bloomberg and FactSet use generative AI to boost productivity for their users.
April 7 -
The OCC's approval of SmartBiz buying a bank opens the door to other fintech M&A deals for accessing bank charters, which can help a fintech stay in business.
April 4 -
In a speech Friday, Federal Reserve Gov. Michael Barr said the advent of generative artificial intelligence promises to boost bank productivity, but banks should be careful in choosing AI partners to delineate data security responsibilities.
April 4 -
A Plaid spokesperson said an IPO remains 'a milestone we're tracking toward' but it wouldn't happen this year.
April 4 -
Employees are using ChatGPT without telling their managers and the IT team. That's not necessarily a bad thing.
April 3 -
A new award will recognize innovations that are changing the way bankers do business.
April 3 -
Individual victims of the data breach could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.
April 3 -
Financial services executives report seeing an increase in quantifiable value from AI investments in the fifth annual Broadridge survey.
April 3 -
Payments innovation under a second Trump Administration could be up to past and present payment technology executives, per new American Banker data.
April 3 -
Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.
April 2 -
The state's banking commissioner said the married founders of Valuex Research and Valuex Fintech used investor money for rent, plastic surgery and shopping instead of funding a promised investing tool.
April 2 -
The new system is intended to help trading partners improve liquidity, mobility and speed, the organization said.
April 2 -
SEC Commissioner Hester Peirce said it was important for the agency to not stifle innovation through its regulatory approach.
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