Personal financial management app Monarch acquires banking infrastructure company MBI - read more here.

A cybersecurity firm says that a Chinese hacking group impersonated industry professionals to steal information from US AI policy experts.

The Brazil-based digital bank, which recently launched a U.S. business, submitted an SEC filing to stop the spread of misinformation.

The Shinhan Bank cyberattack exposed personal and financial data of about 25,000 customers, with suspected AI-assisted hacking.

The central bank extended the deadline for comments on Regulation O by one month, to Nov. 4.

The agency said adequate reforms are in place after a 2024 investigation found pervasive sexual harassment, discrimination and misconduct at the regulatory agency.

In a speech, Federal Reserve Gov. Christopher Waller said a new protocol will ensure data from FRED, FRASER and other databases is interpreted and sourced accurately by AI agents.

Sen. Ron Wyden, D-Ore., has accused the Department of Justice and the FBI of withholding the release of an interview with a prominent banker connected to Jeffrey Epstein. A law passed earlier this…

Discussions about what David Solomon's longtime heir apparent might do as CEO surfaced following news reports that Waldron could take over as soon as next year.

Technical hurdles and depositor inertia get in the way of Meta Muse or another AI agent sweeping all consumers' deposits out of their banks any time soon.

Startup Latitude Global pitches faster, cheaper cross-border payments by sending them on modern stablecoin rails.

The purchase could bolster Stripe's merchant credit product as rivals such as PayPal and Square make similar moves.

Bank of America is expanding its apprenticeship program at a time of year when it typically would raise the hourly wage for its lowest-paid staff. Meanwhile, Barclays conceded (partially) on its…

The American public has soured on AI amid dire warnings about the technology's safety. But at banks, the approach is still full steam ahead.

Weeks after nonbank lender Enova scrapped its bid to buy Grasshopper Bank, two Senate Democrats are urging nonbank lender OppFi to abandon its own dealmaking efforts.

An FDIC plan to help community banks evaluate potential fintech partners is valuable, as far as it goes. But it cannot account for the unique and specific risks that arise when two companies operate…

None of the instances of what OpenAI calls “misaligned agent activity" have been as severe as the Hugging Face attack so far, the company said in a blog post.

OUSD, the new stablecoin from Open Standard, a consortium of more than 140 banks, fintechs, payments companies and crypto firms, has drawn interest, in part due to its shared economics model.

The mega processor’s system for hosting digital currencies is up and running, with North Dakota’s stablecoin the first digital asset to go live.

A second suspect faces extradition to Puerto Rico, while Investigators are tracing the proceeds of ransoms the group demanded in crypto.

FiCare asked a judge to stop Fiserv from using automated checks to lift fraud holds. Fiserv says the credit union could have turned on one-time passcodes.

It has been a bad month for federal government cybersecurity.

Efforts to change the internal culture around credit risk within the Florida bank’s lending portfolio have begun paying off, Carlos Iafigliola said.

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection fund.

Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower- income workers.

On Thursday, unknown attackers hijacked the official Microsoft account on X, which has over 13 million followers, in what appeared to be a pump-and-dump scheme promoting a crypto token.

The Federal Reserve Board should establish a guaranteed maximum price for its renovation project, which is now several years in, the Office of the Inspector General said.

Many of the same signs that might have predicted the financial crisis nearly two decades ago are back, including sweeping deregulation, lax underwriting standards and opaque new financial products.…

Over a quarter of marketers hired this year have AI-ready skill sets versus 9% of CMOs who have been in the role for over four years.

Meta's Muse digital assistant and fintechs have drawn lots of attention, but Amex contends it can harness its long history and ample data to train its internally developed artificial intelligence…

The fintech has always wanted a charter, according to Mercury Bank CEO Jon Auxier. After years of hard work, “now is the right moment to go after it.”

Citi has been spending a lot of time recently trying to help its customers release trapped liquidity, CEO Jane Fraser said during the keynote address at Sibos in Miami.

The tech giant could face claims from thousands of card issuers that paid Apple Pay fees for payments made via Apple’s devices as part of a California lawsuit.

The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.

Governance of the central bank's information security program and enforcement of controls lack clarity, resulting in a 2024 incident involving a retiring employee “remaining unresolved for over a…

Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."

The Minneapolis-based superregional bank is leaning into a sector that has been at the center of the Trump administration's economic policies.

The measure to provide merchants a cash rounding framework, and to formally phase out the penny, now heads to the White House.

The grocer, in partnership with Vidmob and MMA Global, was able to forecast e-commerce conversion of ad creative with 81% accuracy.

Amid political pushback around ESG, Climate Week panelists say firm leaders should focus less on the label and more on the risks that matter to clients.

OpenAI has canceled plans to launch GPT-6.1 Astra due to safety concerns identified during internal testing, according to a report.