banks

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The company announced that it has rolled out a "GS AI assistant" to around 10,000 employees as part of its longer-term doubling down on AI.

Artificial Intelligence

Goldman Sachs Starts Process of Replacing Bankers With AI

By Victor Tangermann

The viral "glitch" that allowed people to withdraw "unlimited" money from Chase ATMs is simply a form of fraud, the bank said.

People Who Used “Glitch” to Get Free Money From Chase ATMs Are Now in Huge Trouble

By Frank Landymore

Unfortunately for a dozen or so now-former Wells Fargo employees, the future of work is not mouse jiggling devices.

Major Bank Fires Employees for Pretending to Work via “Simulation of Keyboard Activity”

By Maggie Harrison Dupré

The mercurial CEO had to borrow a whopping $13 billion from seven banks to buy Twitter. They're now facing billions of losses.

Banks That Lent Elon Musk Money to Buy Twitter Are Totally Screwed Now

By Victor Tangermann

51-year-old Georgia resident Victor Hardley Crawley attempted to rob a bank by telling the bank tellers that he would infect them with COVID-19.

Man Robs Bank by Threatening to Infect Staff With COVID

By Victor Tangermann

Banks across the globe are sending thousands of their staff home to help keep their business going while the coronavirus outbreak is taking its toll.

Bankers Are Installing Screens at Home to Keep Wall Street Running

By Victor Tangermann

Prominent investment bank JP Morgan Chase has sent a report to clients warning that climate change could have cataclysmic effects on civilization.

JP Morgan Warns Clients of “Catastrophic” Environmental Collapse

By Jon Christian

A new report shows that banks are being hit by more and more attempted cyberattacks, and they may not always be proactive about their security practices.

Science & Energy

Banks Are Under Siege by Sophisticated Hackers

By Dan Robitzski

MIT data scientists say a new approach that uses deep learning to detect credit card fraud could cut false positives in half.

Artificial Intelligence

New AI Could Stop Your Bank From Freezing Your Card When You Buy Something Weird

By Jon Christian