Investment

Well-regulated stablecoins will open the door to a wide range of financial activities, including 24/7 global markets for any asset class imaginable. Traditional banks should take note.

The growing use of generative and agentic AI in banks is setting off some alarms.

The timing of the breach at Connex aligns with data breaches by threat actor ShinyHunters, which uses phone calls to socially engineer victim organizations.

The scams are becoming increasingly harder to detect, as fraudsters mimic authentic communications from banks.

New data from American Banker finds that use cases for intelligent automation are growing across banks and credit unions alike, such as fraud and lending.

Businesses accepting payments in stablecoins on a public blockchain are making vast amounts of data available to their competitors. For the technology to really take off, a privacy-preserving solution is needed.

Theft of paper checks and their use in identity theft constitute a major blind spot in the private sector's fraud detection networks. Banks and regulators need to come together to find solutions.

The banks have invested in gen AI and embedded finance, respectively.

The security problem affects organizations with a hybrid Exchange environment, running applications in both on-premises servers and Microsoft's cloud.

The personal finance app provider is working to block AI crawlers from the search giant and large language model providers from accessing much of its website.