Bank of America kindly asks that you don’t share your banking password with your AI assistant

The banking giant reminds customers that “you’re responsible for activity” resulting from your AI agents’ access.

AI agents are acting like rogues and causing a huge headache for US banks

US banks are restricting third-party AI agents over concerns that automated tools could access accounts or initiate financial actions without clear customer control.

Financial risk management platform Pillar raises $20M seed in round led by a16z

Pillar’s investors include a16z, Uber CEO Dara Khosrowshahi, Crucible Capital and Gallery Ventures.

Marquis says over 672,000 people had personal and financial data stolen in ransomware attack

Fintech company Marquis is notifying hundreds of thousands of people that hackers stole their personal and financial information, including their Social Security numbers.

MrBeast’s company buys Gen Z-focused fintech app Step

YouTube megastar MrBeast announced on Monday that his company, Beast Industries, is buying Step, a teen-focused banking app.

European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.