Banking forward: What is top of mind for 2025?
Change in 2025 is about how banks harness these tools to drive value, build trust and stay ahead in a...
Cybersecurity
Trump revokes Biden orders on AI, climate-related financial risks
President Trump rescinded a 2023 executive order directing federal agencies to possibly draft new rules governing the use of AI...
Biden issues executive order to strengthen government cybersecurity
President Biden issued an executive order directing government agencies to strengthen their cybersecurity, including taking steps that may benefit financial...
Justice Department issues rule to protect bulk personal data from foreign actors
Routine financial activities are exempted from the rule, but for banks, it still may cover third-party vendors operating in countries...
White House unveils cybersecurity labeling program for internet-connected devices
The Biden administration announced the official launch of the U.S. Cyber Trust Mark program, a voluntary cybersecurity labeling program for...
CISA releases cybersecurity goals for IT sector
While specific to IT, the goals provide software and product developers in all critical infrastructure sectors with minimum foundational practices...
Survey: Most banks anticipate growth in 2025
The survey by accounting firm Wipfli found that 97% of bank executives expected growth in the next 12 months, with...
Fed’s Cook identifies private credit, stablecoins among risks to financial stability
In a speech on financial stability, Federal Reserve Governor Lisa Cook said private credit, stablecoins, cyber threats and artificial intelligence...
Treasury Department releases recommendations for financial sector AI strategy
The Treasury Department released a report with recommendations on potential next steps for regulators and the private sector on the...
Congressional task force recommends favorable regulatory environment for AI adoption
Federal policymakers should foster an environment where financial services firms can responsibly adopt the benefits of artificial intelligence and ensure...
