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Intuit debuts generative AI for QuickBooks, TurboTax, and other major products
Nov 13,2023
Financial services and small-business software provider Intuit will be rolling out an "Intuit Assist" feature to all of its major product lines, including TurboTax and QuickBooks, building on the development of its own generative AI operating system....
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Russia is likely using cryptocurrency to thwart sanctions
Nov 13,2023
US and European sanctions over the past week and a half have put the screws to the Russian government and its oligarchs who are likely using alternative methods to ferry their cash across borders. "We do believe it is very likely that Russian compani...
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CFOs eye tech investments to attract, retain talent with AI/ML skills
Nov 13,2023
Chief Financial Officers (CFOs) are apparently eager to invest in technology to help attract - and keep - finance talent and workers with artificial intelligence (AI) and machine-learning (ML) skills, according to a new survey. Financial services and...
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Why America's oldest bank launched a crypto custody service
Nov 13,2023
The Bank of New York Mellon Corporation (BNY Mellon) has gone live with an electronic platform that stores and protects cryptocurrencies, including bitcoin and ether. The 238-year-old bank's new Digital Asset Custody platform currently allo...
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Fed's Zelle-like instant payment system to go live in July, hundreds now testing
Nov 13,2023
The US Federal Reserve (Fed) is preparing to launch a new financial network that would eliminate any wait time for sending and receiving payments. The system is now being tested by more than 100 market participants. The FedNow Service, which has...
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