Artificial intelligence (AI) has moved rapidly into every corner of the economy. Financial services is a flash point over whether AI will strengthen or destabilize...
Fannie Mae and Freddie Mac have been ordered to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. U.S. Federal Housing FHFA Director...
A solo dental practice in a small town. A mom-and-pop Italian restaurant in a large city. Or a one-of-a-kind hair salon somewhere in between. Tiny,...
Anywhere you looked, from mid-April to this week, as earnings season stretched out over the weeks, it was impossible not to hear and read about...
With the Digital Operational Resilience Act (DORA) now in effect, organizations must pivot from preparation to active compliance and ongoing risk management, That’s according to...
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by...
The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence...
Trouble with federal regulators continues for Wells Fargo. The Office of the Comptroller of the Currency (OCC) said Thursday (Sept. 12) that it has signed...