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WASHINGTON—Michelle Bowman said the rapid emergence of artificial intelligence—particularly tools capable of identifying cyber vulnerabilities—is forcing regulators to rethink how financial institutions manage risk, even as the technology promises major efficiency gains across banking.

WASHINGTON—Following this week’s ICBA Washington Summit, America’s Credit Unions moved Friday to reinforce its message on Capitol Hill, with Chief Advocacy Officer Kathleen Coulombe sending a memo to congressional offices emphasizing the industry’s “people over profit” model and its role in serving local communities.

WASHINGTON--The FCC has voted unanimously to move ahead with stronger “know your customer” rules for voice service providers, a step aimed at stopping illegal robocalls before they enter the phone network.

WASHINGTON--The Defense Credit Union Council Friday sent a letter to leaders of the Puerto Rico House expressing strong concerns over H1216 and its potential impact on consumers, small businesses, and financial institutions operating in Puerto Rico.

CHICAGO— New research from TransUnion shows the U.S. credit market is splitting more sharply into winners and losers, with the strongest borrowers getting stronger while financially stressed consumers fall further behind as debt loads and living costs climb.