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Risk Management

Gen AI Risks Are Necessary to Reap Its Benefits, Study Finds

Gen AI Risks Are Necessary to Reap Its Benefits, Study Finds

The majority of banking CEOs believe they must accept Gen AI risks to deliver tailored investment strategies and decode customer behavior
Markets Start Week With Sell-Off Led by Bitcoin and Nasdaq

Markets Start Week With Sell-Off Led by Bitcoin and Nasdaq

Nasdaq started the week down 3% on Monday leading a market sell-off in futures across the board
Majority of Americans Cannot Afford Emergency Expenses

Majority of Americans Cannot Afford Emergency Expenses

One in four Americans would rely on credit cards to pay an unexpected large expense
New President Forces a Second Look at Crypto for Banks

New President Forces a Second Look at Crypto for Banks

Trump is ready to favor the crypto world when it comes to major policy
EU Banks Must Enhance Cyber Resilience as DORA Takes Effect

EU Banks Must Enhance Cyber Resilience as DORA Takes Effect

The new rules require financial institutions and their tech suppliers to strengthen IT system security against cyberattacks
The Federal Reserve to Pull Out of Climate Coalition

The Federal Reserve to Pull Out of Climate Coalition

The bank said it had decided to leave the network after the group’s work “increasingly broadened in scope"
48% of Credit Cardholders Carry Debt from Month to Month

48% of Credit Cardholders Carry Debt from Month to Month

Nearly half of credit card debtors cite emergency expenses as primary cause
The State of GenAI in Risk & Compliance for Banks

The State of GenAI in Risk & Compliance for Banks

The use of generative AI for risk and compliance applications is now a reality for financial institutions
Dollar Decreases 1% on Tariff Report

Dollar Decreases 1% on Tariff Report

Reports that President-Elect Trump is cooling on tariffs beyond critical imports providing potential relief to foreign economies
Stocks Trending Lower to End Year With Profit Taking

Stocks Trending Lower to End Year With Profit Taking

Markets looking to give about 1% back on the 2024 gains
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