One in 10 companies have been targeted in deepfake scams. Banks, on the front lines of fraud detection, must rise to the ...

Federal Reserve Gov. Michael Barr — who recently stepped down as the central bank's vice chair for supervision — urged banks ...

Federal Reserve Governor Michael Barr on Thursday urged banks to adopt AI-powered tools, such as facial recognition, voice ...

The Federal Reserve's former top regulator welcomes the Trump administration's efforts to reform bank oversight — as long as the central bank gets to keep its supervisory authorities. Fed Gov. Michael ...

US Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from fintech companies pushes lenders toward greater use of artificial intelligence.

Federal Reserve officials have all but conceded their claims to bank oversight independence while holding fast to monetary ...

In the face of increasing generative AI-based deepfake attacks, banks must fight fire with fire and invest more in artificial intelligence themselves, Federal Reserve Gov. Michael Barr said Thursday.

Federal Reserve Gov. Michael Barr said that while generative artificial intelligence holds great promise to boost efficiencies in a range of banking functions, important and as-yet-unresolved ...

Although customers today “breathe a sigh of relief” when connecting to a human customer-service representative, that paradigm is poised for change, Federal Reserve Gov. Michael Barr said Friday.

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to ...