SEC to focus on asset management competition

She stressed that the first step before considering policy changes is to "have a clear understanding of costs and benefits and pay careful attention to unintended consequences."


How Wells Fargo Uses AI, Biometrics To Fight Money Laundering

Many banks, including JPMorgan Chase and Ally Bank, are experimenting with AI in this way to protect user data and money, and, for money laundering in particular, AI can flag fraudulent transactions with criteria that humans cannot see.