OCC’s Hsu: Banks and regulators should ‘co-learn’ about using AI
Acting Comptroller of the Currency Michael Hsu said that while artificial intelligence is a potentially transformative technology, regulators should be wary of waiving liability for its use in banking.
Inside BNY’s plans to upgrade Eliza, its generative AI platform
The 2.0 version, expected to launch next year, will provide more detailed responses based on more complex, humanlike thought processes.
Truist commits $725 million to help Western N.C. rebuild after Helene
The North Carolina-based bank rolled out a multiyear program to provide loans, investments and philanthropic support to communities in the western part of the state.
Finastra client files stolen in data breach
The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.