Banking

September 16, 2026
Arva AI Launches Research Lab to Automate Bank High-Risk Decisions
LONDON, September 16 — Arva AI, the fintech startup founded in 2024, has launched a research division dedicated to building the models…
September 14, 2026
Kapital Raises $125M to Scale AI Banking After $50M Profit
MEXICO CITY, September 14 — Kapital Grupo Financiero has raised US$125 million in fresh capital, the Mexico-based financial group said, with Tru…
July 6, 2026
Treasury Warns of AI Bubble, Weighs Policy Responses
WASHINGTON, July 6 — For families watching their savings, the quiet machinery of financial regulation is beginning to hum with a new…
July 6, 2026
US Regulators, Agencies Monitor AI Investment Surge, Players Say
WASHINGTON — The Financial Stability Oversight Council, the panel of top U.S. financial regulators created by the Dodd-Frank Act of 2010, is…
July 2, 2026
Compliance Officers Face Unanswered Questions as AI Systems Fail Without Explanation
OTTAWA — The compliance officer’s nightmare is no longer hypothetical. It is a model that fails, and nobody inside the bank can…
June 29, 2026
BIS warns AI investment frenzy adds risk to fragile global economy
The Bank for International Settlements has handed regulators a fresh worry: the AI investment craze is piling risk onto an already brittle…
June 26, 2026
Bessent feared AI financial meltdown…
WASHINGTON, June 26 — Treasury Secretary Scott Bessent pushed for a deeper role in shaping artificial intelligence policy earlier this year, after…
June 26, 2026
Bessent sought greater AI policy role after banks warned of payment system risks
WASHINGTON — The Federal Reserve’s payment rails move trillions of dollars daily. Banks told the Treasury Department those systems could be dangerously…
June 26, 2026
Bessent pushed for AI policy role to prevent Fed payment system freeze
The Federal Reserve’s payment system — the digital plumbing that shuffles trillions of dollars between banks every day — could freeze. That…
June 25, 2026
RBI seeks mandatory AI kill switch, human oversight for banks
MUMBAI, June 25 — The Reserve Bank of India is planning to issue new guidelines that will make it necessary for all…
June 24, 2026
Financial institutions race to scale AI as trust, governance tests loom
Dalian, June 24 — Financial institutions are rapidly moving from artificial intelligence experimentation to broader use in their organisations, with trust, governance,…
June 24, 2026
WEF report urges financial firms to scale AI beyond pilot projects
The path from a pilot project to a bank-wide artificial intelligence system is littered with failed experiments. The World Economic Forum, in…
June 24, 2026
World Economic Forum report finds finance firms scaling AI beyond pilot projects
Dalian — The World Economic Forum’s new report on AI in finance is built on 18 months of roundtables and interviews with…
June 22, 2026
Lloyds Staff Complete 400,000 AI Courses Since January
LONDON, June 22 — According to the latest update from Lloyds Banking Group, around 65,000 staff have taken a substantial number of…
June 22, 2026
Lloyds Reports 65,000 Staff Trained in AI Since January Launch
LONDON — When Lloyds Banking Group said in January it would train every single one of its 67,000 employees on artificial intelligence…
June 22, 2026
Lloyds Aims for Full AI Literacy Among 67,000 Staff by End of 2026
Sixty-five thousand Lloyds Banking Group employees have been hitting the books — or rather, the online modules — since January. The bank’s…
June 22, 2026
Lloyds Creates 300 New Agentic AI Roles After 400,000 Staff Courses
LONDON — The numbers are stark. 400,000 courses. 65,000 staff. One bank. Lloyds Banking Group is pushing hard to make every single…
February 22, 2021
AI combats money laundering after HSBC heist exposed $2 trillion crime failure
On February 22, 2021, a report detailed how banks are turning to artificial intelligence to combat money laundering, a crime that moves…