Zero-reliance financial automation is a development in which loss of one point does not extend to the other payment network, ...

Algorithms are extremely clever at accurately processing huge quantities of information. But a recent problem with a bank loan is a disturbing look behind the curtain. Last week I applied for a ...

Banks have access to vast new troves of data, such as social media feeds, that they have to learn how to use in their marketing and sales efforts or risk losing share to other institutions that are ...

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) Two of the ...

(Bloomberg Markets) -- Are the humans of finance an endangered species? People are still the lubricant that oils the wheels of finance, toiling at innumerable tasks—executing and settling trades, ...

NEW YORK--(BUSINESS WIRE)--Deutsche Bank’s Autobahn® Equity business today announced the launch of Stealth ®, the next generation of its liquidity seeking algorithm. Stealth uses advanced high ...

The New York banking regulator is investigating if Deutsche Bank and Barclays used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the ...

Artificial Intelligence has moved from the periphery of banking to its core. Credit decisions, fraud detection, risk scoring, collections, customer service, and even regulatory reporting now rely on ...