Joshua Baer, founder of Austin, Texas-based venture capital firm Capital Factory, died June 16 in a plane crash. He was 50.   Baer was among six people — four ...

Financial institutions are no strangers to vendor selection, but AI has added a new layer to assess during due diligence and overall compliance efforts.  Instead of leaving ...

Financial institutions are preparing for a world in which AI agents interact with each other, creating significant risk and opportunity.   The global market ...

HSBC and Google Cloud announced a multiyear partnership Tuesday to expand AI capabilities across the bank’s global operations, aiming to ...

Lloyds Banking Group plans to launch an AI tool in its app to help customers sidestep online shopping scams and ...

Financial institutions must take a more proactive role in managing third-party vendor risk amid SR 26-2 and broader regulatory uncertainty.   SR 26-2 is federal guidance on how ...

Financial institution platforms were built in a pre-AI era and now must be reconfigured to ensure they are seen by AI searches.  A recent PwC report found that 50% ...

American companies dominate the invisible system that facilitates global payments. Tap a card in a Paris cafe, and, within seconds, ...

Robinhood Markets Inc. said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and ...

Pennymac Financial Services is expanding its relationship with Amazon Web Services to accelerate AI adoption and modernize its mortgage servicing ...