Jack Henry taps Google Cloud agentic suite to develop AI security platform
Tech provider Jack Henry has expanded its collaboration with Google Cloud to develop a proprietary AI security platform tailor-made for...
Bank of America to pay $7.5M settlement to SEC for alleged reporting oversight
Bank of America has agreed to pay a $7.5 million settlement to the U.S. Securities and Exchange Commission to resolve...
Mitigating third-party risk: Clear expectations with the right vendors
To keep up with the rising tide of AI implementation, many FIs are turning to vendors — a process that...
VCs invest in AI anti-crime compliance systems
The financial sector is investing in tech solutions for anti-crime compliance and risk management, with Flagright raising $12.5 million in...
CISA creates cybersecurity prioritization, patch protocol
The U.S. Cybersecurity and Infrastructure Security Agency is requiring federal government agencies to patch cyber vulnerabilities more quickly and by...
Bridging the skills gap: Ensuring cybersecurity amid AI proliferation
AI is rapidly advancing and financial institutions need to train their employees to use it securely. As more FIs incorporate AI and machine...
AI helps fraudsters perpetrate ‘zombie business’ schemes
Bad actors are increasingly using AI to create fraudulent documents when applying for business loans, and lenders must implement multilayer...
Lloyds creates AI tool to identify fraud ‘red flags’ to customers
Lloyds Banking Group plans to launch an AI tool in its app to help customers sidestep online shopping scams and...
