However worried you are about AI deepfakes, you’re not worried enough
Most Americans have been at least targeted by fraudsters, and as AI technology gets better the frauds are going to be harder to stop.
Undefined ‘material financial risk’ in CAMELS rule draws fire
Banks, credit unions and supervisors told the Federal Financial Institutions Examination Council that the legal ambiguity of “material financial risk” in the agency’s supervisory rating proposal will create problems for banks and regulators down the road.
4 ways RIAs can respond to Schwab’s higher asset floor for client referrals
Industry consultants recommend steps RIAs in Schwab’s referral network can take if they’re worried about competition for clients.
Three simple steps for banks to measure AI’s ROI
T-shaped teams help banks measure AI impact by defining outcomes upfront, tracing results to AI and rolling them into business impact at the enterprise level.
Despite White House push, crypto bill’s window is closing
President Trump lobbied again for Congress to pass the CLARITY crypto market structure bill, but paths toward this Congress doing so are treacherous with few legislative days left.
What small businesses want from their banks’ AI
As banks consider how to expand relationships by selling new uses for artificial intelligence, getting clients to trust the innovation is a major challenge.
Veteran banker has a plan to roll up small Texas lenders
Jeff Kesler leads a firm that recently struck a deal to acquire a small bank in Palmer, Texas. Kesler says he’s on the lookout for other Lone Star State banks to buy.
With deal costs up, could AI make recruiting a bad bet?
As analysts raise concerns that AI could undermine the economics of generous transition deals, executives at Ameriprise, Stifel and Raymond James wonder if firms are paying too much to recruit advisors.
Bessent deploys debt buybacks in sign of concern over yield rise
Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it’s “increasing, by at least double, the size of liquidity support buyback operations” for securities dated from the 10-year to the 30-year sector.
New anti-deepfake rules ignore a key risk AI creates for banks
Bankers in the U.S. can learn a few things from watching the rollout of the European Union’s new AI Act. Specifically, they should notice the gaping hole where rules about identity verification ought to be.