Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said the central bank does have a problem with income losses, but interest paid on reserves are not to blame. In a speech delivered at the Federal Reserve Bank of Dallas on Thursday, Waller made the case that the true source of the Fed’s […]
Waller says QE to blame for Fed losses on reserve interest Read More »
Adobe Stock/Usman Zafar Paracha Momentum is building around agentic AI, as banks like JPMorganChase, Capital One and BNY start to adopt it. For managers used to leading teams of junior workers (whose tasks these agents are typically taking on), these digital workers will present new management challenges. Agentic AI takes a large language model like
Digital workers are coming. Managing them is a new challenge Read More »
U.S. Senator Maggie Hassan, a Democrat representing New Hampshire and ranking member of the Joint Economic Committee, announced a “broad new effort to protect people from financial scams” in a press release on Thursday. The initiative directly targets concerns highly relevant to U.S. banks and credit unions, including the proliferation of fraud on payment platforms
Sen. Hassan vows crackdown on fraud and AI-driven scams Read More »