TD Bank buys Layer 6, a Toronto-based artificial intelligence startup | Toronto Star

By Armina LigayaThe Canadian Press Tues., Jan. 9, 2018 Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial-services companies increasingly look to tap the technology’s potential. Canada’s largest bank by assets has been looking to build up its…

BRIEF-TD Bank Group Acquires Artificial Intelligence Innovator Layer 6

Jan 9 (Reuters) – Toronto-Dominion Bank: * TD BANK GROUP ACQUIRES ARTIFICIAL INTELLIGENCE INNOVATOR LAYER 6 * TD BANK GROUP – ‍ACQUISITION OF LAYER 6 IS NOT EXPECTED TO HAVE A MEANINGFUL IMPACT ON TD‘S COMMON EQUITY TIER 1 CAPITAL RATIO​ * TD BANK GROUP…

Wall Street aims to thwart a hacking nightmare for your 401(k)

U.S. financial firms plan to expand a secretive project protecting bank accounts against crippling cyberattacks so that it will also guard trillions of dollars in investment funds. The industry-led project, called Sheltered Harbor, already is known to back up data for savings and checking accounts….

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