Source: en.wikipedia.org
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct....
Federal regulators said some of the largest banks in the United States allowed political concerns to shape who received services. The Office of the Comptroller...
Digital businesses that don’t keep their promises to consumers can pay a heavy price if caught by the Federal Trade Commission (FTC). Enforcement actions in...
Artificial intelligence glasses such as Ray-Ban Meta can film people around the wearer, often without those people knowing, and governments are only now deciding what...
Bank of America’s profits dropped 17% during the third quarter, according to a Wednesday (Oct. 14) quarterly earnings press release, following a $1.2 billion regulatory...
Artificial intelligence is becoming part of the machinery of financial supervision in the United Kingdom as the Financial Conduct Authority deploys tools to review firms’...
Three federal agencies have imposed penalties totaling more than $1.21 billion on Bank of America, alleging that the bank violated anti-money laundering and sanctions laws, according...
Banks investing in digital money need more than the technology to issue, custody or move digital assets. They need people who can connect those capabilities...