how household debt can amplify the effect of rising rates – Bank Underground
Tuli Saha and Alexandra Varadi
High levels of household indebtedness can amplify negative economic shocks, if highly indebted mortgagors make larger cuts to spending...
Podcast: Austin Capital Bank CEO Erik Beguin on AI-driven fraud
Fraud is on the rise, and AI is contributing to both the solution and the problem.  “Fraud is a really large problem and growing...
Inside look: Citi’s ‘Four S’ AI strategy to maximize ROI
NEW YORK — Citi is deploying AI not as an additional layer in its tech stack but rather building its modern applications on...
How AI could deliver a 21st-century regulator and a more efficient financial system
When I first joined the Consumer Financial Protection Bureau, we were still building the agency from the ground up: its mission, its systems,...
Cloudflare Resolves Global Outage That Disrupted ChatGPT, X
A worldwide outage at the network of cybersecurity firm Cloudflare Inc. has been resolved after several hours of disruption on Tuesday. The outage...
Nubank says AI helped boost clients’ credit-card limits
Nu Holdings Ltd. said artificial intelligence features it started to deploy in Brazil helped the fintech increase credit-card limits for some clients, boosting...