financial sector

Treasury Secretary Janet Yellen speaks during the Financial Stability Oversight Council Conference on Artificial Intelligence and Financial Stability on June 6, 2024 in Washington, D.C. During her remarks Yellen spoke on the future impact of artificial intelligence on the economy. (Photo by Anna Moneymaker/Getty Images)

Treasury seeks information on AI uses and risks in the financial sector

The RFI continues an agency push for “stakeholder engagement to improve our understanding of AI in financial services,” Secretary Janet Yellen says.

Visa latest on blockchain bandwagon

Visa is the latest financial institution to get on the blockchain bandwagon, launching an interbank payments pilot based on the BTL Interbit platform.

Big banks join UBS on blockchain plan

Three of the world's largest banks have joined with UBS in its plan to use blockchain to document and secure interbank settlements, underlining the transformative potential of…

D.C. law firm makes new blockchain play

Washington law firm Steptoe and Johnson is launching a major play in the ​blockchain space, expanding its advice and other offerings about the revolutionary new "distributed ledger"…