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Finance & Banking · 3 min read

US Banks Block AI Agent Transactions While Europe Pilots Human-Supervised Autonomy

US banks are blocking autonomous AI agents from initiating account transactions while European regulators pilot supervised-autonomy models. The FSB's October report flags AI provider concentration as a systemic financial risk.

Oct 26

Finance & Banking · 4 min read

Global Regulators Tell Banks: Let AI Watch the Watchers

The FSB published 12 AI governance practices formally endorsing AI-monitors-AI oversight — the first global regulatory body to institutionalize it. Comment period closes July 22.

Jun 13

Finance & Banking · 4 min read

Finance Firms Face Surging AI Conduct Risks as Incidents Average $14 Million Each

AI-related conduct incidents in financial services now average $14 million per event, and C-suite concern about AI risk jumped from 16% to 56% in a single measurement period—with 73% of firms relying on human-AI hybrid oversight for high-stakes decisions.

Jun 12

Finance & Banking · 3 min read

Bank CEOs' AI Ambitions Collide With Warnings From Global Financial Watchdogs

Global bank CEOs are sprinting to deploy AI across trading and credit while the FSB and EBA warn of dangerous oversight gaps—and a systemic risk from AI infrastructure lending that few are measuring.

May 22