Last year, Amazon entered the wearables space by acquiring artificial intelligence-powered bracelet maker Bee. Now, the tech giant says it is taking its Bee line beyond just wearable items, with a pair of new products announced Thursday (Oct. 15). Rather than being worn, the Bee Eclipse is a device...
Bank of America deployed 1,000 contractors and 3,000 employees to fix software flaws discovered by Anthropic’s Mythos and other frontier artificial intelligence models, CEO Brian Moynihan told CNBC in a report published Wednesday (Oct. 14). The bank added the contractors in the second quarter and...
AI startup Cohere says it plans to acquire AISLE, a company developing autonomous systems to find and repair vulnerabilities in critical software. The deal is happening at a time when security “is becoming the defining challenge of enterprise AI,” Cohere said in announcing the proposed acquisition Thursday (Oct. 15). “As...
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. 15) outlining proper practices for adopting artificial intelligence (AI). “As adoption expands in scale and sophistication, AI may also amplify...
October 07, 2026
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial institutions that those continuing to transact […]
October 23, 2025
Small business owners are the backbone of local economies, sustaining communities one transaction at a time. They are often small teams, sometimes just a few people wearing many hats, balancing...
August 25, 2025
Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks. It may be the case...
February 09, 2025
The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Workers at the financial regulator will work from home this week while their headquarters are...
October 15, 2026
Cross River Bank now offers Ripple’s U.S. dollar-backed stablecoin, Ripple USD (RLUSD), through its Core Operating System, Cross River said in a Thursday (Oct. 15) press release. This integration establishes RLUSD as an additional payment rail on Cross River’s platform, in the same environment as traditional rails, so that businesses can leverage the strengths of […]
October 15, 2026
Last year, Amazon entered the wearables space by acquiring artificial intelligence-powered bracelet maker Bee. Now, the tech giant says it is taking its Bee line beyond just wearable items, with a pair of...
October 15, 2026
Bank of America deployed 1,000 contractors and 3,000 employees to fix software flaws discovered by Anthropic’s Mythos and other frontier artificial intelligence models, CEO Brian Moynihan told CNBC in a...
October 15, 2026
AI startup Cohere says it plans to acquire AISLE, a company developing autonomous systems to find and repair vulnerabilities in critical software. The deal is happening at a time when security “is becoming...
