Cryptocurrency, which once aimed to democratize finance, finds itself operating across an increasingly fragmented landscape. The sector’s former goals of global connectivity are now being...
U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...
ComplyAdvantage says it is using artificial intelligence (AI) to ferret out financial crime. The fraud prevention firm announced Tuesday (May 16) the release of Fraud...
Generative artificial intelligence (AI) has captured both the public imagination and lawmakers’ attention. Sam Altman, co-founder and CEO of OpenAI, the bleeding-edge company behind the buzzy ChatGPT,...
Small business lending’s new data-driven approach may be headed for more scrutiny on Capitol Hill. To that end, Rep. Maxine Waters (California), the top Democrat...
America’s cryptocurrency czar has promised an industry crackdown, regardless of the size of the exchange. In an interview with the Financial Times published Monday (May...
European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...
Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at...
The move to streamline and speed domestic and cross-border payments is rooted in better data exchange. The financial services industry has been readying itself, and...