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Bloomberg
Financial

Schwab Says AI Making Scams Harder to Spot

Artificial intelligence is making financial scams more convincing and harder to detect, raising new risks for investors and financial advisors. Cayla Culver, Head of Risk and Controls for Schwab Advisor Services, says fraudsters are using AI to scale traditional scams and even spoof the voices of family members. She joins Bloomberg Businessweek Daily to discuss how advisors can protect clients and their firms, and why Schwab is pushing for a consistent federal framework for cybersecurity incidents.

Leia mais: Schwab Says AI Making Scams Harder to Spot
Bloomberg
Financial

Charles Schwab Integrating AI Tools and Financial Planning

Charles Schwab is expanding its push into artificial intelligence, bringing Anthropic's Claude for Financial Advisors directly into Schwab Advisor Center. The company says it is the first RIA custodian to offer Anthropic's advisor-specific AI to independent firms. Alison Dooher, Head of AI at Schwab Advisor Services, joins Bloomberg Businessweek Live from Schwab IMPACT Summit in Boston to discuss how AI is changing the financial advice landscape.

Leia mais: Charles Schwab Integrating AI Tools and Financial Planning
Bloomberg
Financial

Breaking Down Alphabet's Disappointing Earnings Report

Alphabet quarterly sales and profit missed estimates, with investors focused on whether the company can protect its search business as AI changes how people find information. Scott Devitt, managing director and senior research analyst at Rosenblatt Securities, breaks down Alphabet's earnings report on "Bloomberg The Close."

Leia mais: Breaking Down Alphabet's Disappointing Earnings Report
Bloomberg
Financial

XRP 'At The Heart' Of Everything Ripple Does: Garlinghouse

Brad Garlinghouse, CEO of Ripple, joins Scarlet Fu and Isabelle Lee on "Bloomberg Crypto." From the Ripple Swell Conference, Garlinghouse says the company is leaning into regulation and licensing as it seeks to make its US dollar-backed stablecoin, RLUSD, "the most trusted stablecoin." He also discusses the utility of Ripple's XRP token and Ripple's recent acquisitions.

Leia mais: XRP 'At The Heart' Of Everything Ripple Does: Garlinghouse
Bloomberg
Financial

Fifteen-Minute Bets Scratch the Bitcoin Itch

Bloomberg's Emily Nicolle joins Scarlet Fu and Isabelle Lee on "Bloomberg Crypto." While Bitcoin appears to have fallen into an autumnal slumber, another corner of the speculative trading arena is thriving. Prediction-market volumes are soaring to new heights, and even with token prices rangebound, crypto's playing its own role in the bounce.

Leia mais: Fifteen-Minute Bets Scratch the Bitcoin Itch
Bloomberg
Financial

Fed's Warsh 'Sensitive' to AI, BlackRock's Rosenberg Says

Jeffrey Rosenberg, senior portfolio manager for the systematic alternatives ETF at BlackRock, reacts to the Federal Reserve's decision to leave interest rates unchanged. Speaking on "Bloomberg Surveillance: The Fed Decides," Rosenberg says the Federal Reserve recognizes that conditions have tightened but stops short of calling them tight, while connecting interest rates to AI.

Leia mais: Fed's Warsh 'Sensitive' to AI, BlackRock's Rosenberg Says