Despite dire warnings of catastrophe, the deregulation of surface transportation in the 1970s delivered huge benefits to consumers. The banking industry is ripe for a similar regulatory restructuring.

Gen Digital announced in December it planned to acquire MoneyLion for $82 a share, approximately $1 billion in cash value.

Victims of a pig butchering scheme recently sued Qbit, a Solid customer that allegedly laundered millions of dollars through Solid accounts.

The latest lawsuit stemming from Synapse's bankruptcy accuses the banks of risk management failures.

In an era of deglobalization, decentralized financial products like blockchains are looking more appealing to some.

Rather than trying to police the way banks' artificial intelligence models are designed, regulators should assess the results they produce and make sure they adhere to existing consumer protection rules.

Consumer habits are the driving force behind industry-wide payments investments, be it digital wallet adoption, biometric authentication or payments platforms.

Three U.S. agencies lack a "comprehensive, government-wide strategy," according to a report that echoes complaints banks have made for years.

The London bank is using Google's Vertex AI platform within Google Cloud to create generative AI models for customers and staff.

The decision to stop enforcing the Corporate Transparency Act, which requires the disclosure of the beneficial ownership of businesses, could make the U.S. an attractive environment for fraudsters.

Deputy Attorney General Todd Blanche said regulators, not the DOJ, should pursue most crypto cases.

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.

The agreement surpasses Stripe's $1.1 billion deal to buy stablecoin payments platform Bridge in February.

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.

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.

As more states adopt digital identity, there is an opportunity for banks to improve authentication.

New American Banker data hypothesizes that controlling cybersecurity and fraud risks within payments systems can create significant revenue growth.

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.

Market data providers like Bloomberg and FactSet use generative AI to boost productivity for their users.