Treasury Department

The Department of the Treasury is an executive department and the treasury of the United States federal government.

Source: home.treasury.gov

The Week in AI: Anthropic Agents, OpenAI’s Swarm and an Apple iOS Update Debut
The Week in AI: Anthropic Agents, OpenAI’s Swarm and an Apple iOS Update Debut
October 25, 2024  |  Artificial Intelligence

This week in artificial intelligence, Anthropic and OpenAI unveiled new AI systems capable of controlling computers and working in teams, while the U.S. Department of...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud
US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud
October 17, 2024  |  artificial intelligence

The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. The department announced Thursday that its “technology and data-driven” approach...

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Treasury Official: State-by-State Regulations Stifle Innovation for FinTechs
Treasury Official: State-by-State Regulations Stifle Innovation for FinTechs
October 11, 2024  |  Regulation

A federal regulatory framework for nonbank payment service providers is needed to reduce risks and promote innovation, Nellie Liang, under secretary for domestic finance at...

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Yellen: US Labor Market Has Become ‘More Normal’
Yellen: US Labor Market Has Become ‘More Normal’
June 13, 2024  |  Economy

America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling...

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Treasury Seeks Comments on ‘Responsible Innovation’ Using AI in Financial Services
Treasury Seeks Comments on ‘Responsible Innovation’ Using AI in Financial Services
June 06, 2024  |  artificial intelligence

The Treasury Department is seeking comments from the public about the use of artificial intelligence (AI) in the financial services sector. The agency released a...

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Treasury Secretary Janet Yellen to Detail Risks Associated With AI
Treasury Secretary Janet Yellen to Detail Risks Associated With AI
June 05, 2024  |  artificial intelligence

Treasury Secretary Janet Yellen will caution financial institutions on Thursday (June 6) about risks associated with the use of artificial intelligence (AI). While AI is...

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Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
May 30, 2024  |  Cryptocurrency

The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) —...

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Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
May 16, 2024  |  AML

The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. The agency aims to...

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