BitGo CEO Mike Belshe dismissed claims that Anthropic's Claude model breached NSA systems, calling them false and describing the event as a controlled government drill, but Anthropic confirmed that Cl…
Upstart Holdings received conditional approval from the Office of the Comptroller of the Currency on July 23 to launch Upstart Bank, N.A., a national digital bank built on AI-driven underwriting. The …
Augustus, an AI-native federally chartered clearing bank for stablecoin-era payments, raised $180 million at a $1 billion valuation led by Tiger Global. The startup aims to replace legacy corresponden…
Researchers used large language models to extract information on bank runs from millions of digitized historical newspaper pages, creating the most comprehensive database of U.S. bank runs. The datase…
Switzerland's FINMA, led by President Marlene Amstad, is spearheading a global regulatory push to deploy AI-powered supervisory tools across markets covering 95% of global finance, aiming to counter r…