Investment

The Treasury Department's chief AI officer said artificial intelligence can relieve the burden of mind-numbing activities such as anomaly detection and can spur employees to think more creatively.

As the toll of financial crime rises, the card network is attempting to boost its fraud-fighting game by buying threat intelligence firm Recorded Future.

As banks deploy AI to cut costs, some face pressure to define long-term value, Finovate speakers said this week.

Mark McArdle advised attendees to remain cautious about the reasons behind implementation of artificial intelligence.

The bank has partnered with a fintech, Zentist, to give dentists a system that automates insurance and billing processes.

Crooks can use deepfakes and other machine learning tools to circumvent traditional authentication security methods. Payment experts discuss how firms can protect themselves.

First Electronic Bank is using technology from Spring Labs to analyze its fintech partners' customer communications and identify problems.

Credit card company is seeking to secure online payments using tokens based on consumers' biometric information.

Mr. Cooper will be filing a motion to dismiss a data breach-related class action by Sept.13, documents show.

In August's roundup of top tech news: Banks and retailers wrestle with the unseen consequences of artificial intelligence, Mastercard lays off roughly 3% of its workforce and more.