Technology
Technology
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Elon Musk will dispatch a team to gain read-only access to the government's central accounting system.
February 10 -
Courts are litigating the question of whether Elon Musk has the authority to assign DOGE employees to positions that grant them access to sensitive data.
February 10 -
After nearly 10 years of banking my business, BofA debanked it because of overzealous anti-money-laundering enforcement. The Trump administration must bring back common sense to Bank Secrecy Act compliance.
February 10 -
A group of 19 state attorneys general have sued the Trump administration, alleging the Department of Government Efficiency's move is illegal. The injunction is pending a hearing Feb. 14.
February 8 -
Banks are expecting increased M&A activity across the financial sector, but are concerned about acquisition by credit unions and tech integration challenges.
February 7 -
By repealing the Biden administration's artificial intelligence safety guidelines, President Trump has created a chance for the banking industry to demonstrate that it can be a leader in protecting consumers.
February 7 - AB - Technology
Payment records are off-limits to all Elon Musk-affiliated "special government employees" except for Tom Krause and Marko Elez, and they are restricted to read-only access.
February 7 -
TD and Bankwell are among those hiring people who know how to implement and scale artificial intelligence among many use cases.
February 6 -
The lack of a government requirement has slowed adoption in the U.S., but there are signs demand is picking up.
February 6 -
Despite crypto-friendly signals coming from Washington, getting a bank account still appears to be a challenge for crypto businesses and investors.
February 6 -
As the new administration kicks off, Friedman discusses what she's seeing in the world of tech infrastructure and how banks are using tech to ward off crime.
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Elizabeth Warren, Shontel Brown and Patty Murray are among those questioning Elon Musk's team's ability to access sensitive data and install email services in government agencies.
February 5 -
Cincinnati-based processor has agreed to buy a London technology firm that uses artificial intelligence to build advanced models to manage fraud risk.
February 5 -
Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws.
February 5 -
Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.
February 5 -
The credit union suffered a ransomware attack in June 2024 that affected nearly all of its banking systems.
February 4 -
With analysts citing pressure from fintechs, CEO Alex Chriss says artificial intelligence is expanding the company's payment and marketing tools as PayPal battles Stripe, Block and other rivals.
February 4 -
Desmond will be succeeding Pierre Naudé in leading the bank technology provider.
February 4 -
Long-term partnerships between banks and fintechs are the real future of financial services. Pharmaceutical firms' relationships with contract research organizations offer a useful model.
February 4 -
The cybersecurity job market is growing fast, but aspiring professionals face barriers to entry, from experience requirements to employer demands.
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