Fed’s Williams says AI is now his main inflation concern
Federal Reserve Bank of New York President John Williams said that among the drivers of inflation in the United States, ...
Tag: Federal Reserve
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 ...
Inflation expectations jump with Iran War, Fed survey finds
Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices ...
Fed Official to tell Congress AI offers banks better risk detection, cheaper services
A top Federal Reserve official will tell Congress on Thursday that artificial intelligence promises to transform the banking sector — improving ...
Fed’s Barr calls for guardrails as financial sector adopts AI
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks ...
Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI ...
Senator Warren urges Fed to reconsider Capital One deal for Discover
The top Democrats on congressional banking committees called on the Federal Reserve to reconsider its decision to approve Capital One ...
Capital One deal for Discover wins approval from US regulators
Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s ...
TCH daily payments value double to $2.5B in 6 weeks
LAS VEGAS — The Clearing House’s daily payment value has doubled since the payment network increased its payment limit from ...
B2B payments to drive RTP growth for The Clearing House
Higher transaction limits could spur more B2B payment activity on The Clearing House’s real-time payments network. BNY was the first ...
