As SA banks shop in East Africa, Moody’s says Absa’s latest move is solid

Business Day·20h ago

The AI Rulebook Banks Cannot Afford To Ignore — Or Trust Blindly

The Financial Stability Board has released its long-awaited AI governance framework ‘Sound Practices for Responsible Adoption of Artificial Intelligence (AI)’ for financial services. It is a serious...

Forbes·Jun 13

72% of banks lack AI model 'kill switches,' failure reporting

Asked in which area of AI-related risk their bank was least prepared, 72% of bankers chose model kill-switch protocols (34%) or regulatory reporting of AI failures (38%). "Regulat ...

American Banker·Jun 10

Banking reforms will help banks and the economy, Fed's Bowman to say in House testimony

Fed Vice Chair Bowman outlines banking regulation reforms, capital rule updates, and AI/stablecoin oversight—what it means for credit and mortgages.

Seeking Alpha·Jun 4

Anthropic's new AI model pushes banks to shore up cyber defenses

S&P Global·May 24

Australian regulator warns of ungoverned AI risks to banks

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a letter to industry, Apra warns that governance, risk ...

Finextra·Apr 29

AML Monitoring: How Banks Spot Suspicious Transactions Before Anyone Else Does

by Suraj Parida — Behind every seamless digital payment is a silent, high-stakes game of cat and mouse.

Medium·1d ago

Bank AI Oversight Expands to Every Exam: Generative AI Bypasses SR 26-2 as Kill-Switch Gap Grows

Bank AI regulation now enters every federal exam: the Fed, OCC, and FDIC are pressing lenders on kill switches, vendor chains, and data boundaries. A June 2026 survey finds 72% of banks unprepared...

Tech Times·Jun 13

Banks rethink hiring as AI shrinks entry-level roles, reshapes recruiting

Despite concerns about shrinking entry-level opportunities, major banks continue to recruit new talent. Bank of America ( BAC ), for example, remains committed to bringing in thousands of interns and...

Seeking Alpha·Jun 7

Exclusive research: Banks up AI investment to cut costs

Banks are prioritizing AI investments for several reasons, including streamlining operations, reducing costs and improving employee workflows. By comparison, enhancing risk assessment and ...

American Banker·May 26

AI-driven cyber discovery signals a new era of systemic risk for banks

As UK banks prepare to gain access to Anthropic’s Mythos cybersecurity model, the conversation across financial services is shifting quickly from abstract concerns about artificial intelligence to...

MSN·May 21

What global banks said about Anthropic's new Mythos model that the company ‘refused’ to release publicly

The Times of India·Apr 27

No Human Can Fully Watch The AI Running Your Money Now

A new report from global regulators admits banks can no longer fully track the AI making decisions about your loans, claims and savings.

Forbes·Jun 22

U.S. Banking Regulators Heighten AI Scrutiny, Ensuring Security and Governance

U.S. banking regulators are intensifying their examination of how banks use artificial intelligence. As AI technology expands within the financial sector, concerns focus on data access, vendor risks,...

Devdiscourse·Jun 12

Three forces reshaping bank liquidity and risk management

Banks are rethinking liquidity management as regulation, technology and market dynamics reshape risk. Learn how banking execs are responding to the forces impacting liquidity while strengthening ...

Bloomberg·Jun 4

ECB pushes banks to speed cyber defenses as AI threats escalate

The European Central Bank is preparing to urge lenders to move faster in strengthening their cybersecurity defenses as advances in artificial intelligence raise concerns about vulnerabilities across...

Seeking Alpha·May 24

SA banks prioritise governance to harness AI fast

ITWeb·May 5

Singapore banks step up monitoring of frontier AI risks

The Association of Banks in Singapore (ABS) is coordinating with over 100 member institutions to address potential risks from emerging frontier AI models, including Anthropic’s Mythos. This ...

MSN·Apr 27