How can financial institutions and the banking sector brace themselves for the escalating risks associated with generative AI, particularly as it pertains to deepfakes and sophisticated fraud schemes?
The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.
Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.
XR technology is revolutionizing employee training and customer experiences for banks. What makes it impactful?