PNC CEO: Agent-only transactions ‘will never happen’
SourcesBanking Dive
Financial Services
How AI is changing banking, insurance, payments and markets, and the rules that decide what firms may automate.
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Bank of England Considers Stress Testing AI's Effect on the Financial Sector
SourcesInsurance JournalBloomberg
Citi becomes latest US bank to restrict AI agents from accessing accountsPaywalled
SourcesFinancial Times
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says
SourcesInsurance Journal
Schwab blocks unauthorized AI agents, points clients to 'Charley'
A quarter of financial firms tie pay and promotions to AI proficiency: survey
SourcesSemafor Business
Amex introduces a framework to prevent AI agents from making unauthorized purchases | TechCrunch
Markets/Coverages: CFC Adds Cyber Cover for SME Executives; Cowbell Brings AI Agents to Policyholders
SourcesInsurance Journal
Singapore’s central bank wants all FinTech AI use cases subject to independent review
SourcesThe Register
AI beats licensed accountants on speed and accuracy, but still can't close the books without supervision
SourcesThe Decoder
FPA releases revamped PlannerSearch to better humanize planner and client interaction
SourcesFinancial Planning
‘We’ll be the first to mine Bitcoin in space’ says Nvidia-backed startup —Starcloud will fire up its ASICs after its second spacecraft reaches orbit later this year
SourcesTom’s Hardware
With Tabby, a former accountant is using AI to make accountants obsolete | TechCrunch
SourcesTechCrunch
Why is Meta’s Threads being flooded with eerily identical investment advice?
SourcesFast Company Work Life
AI ‘is changing the game’ in fraud threats and prevention efforts, SSA OIG official says
SourcesNextgov/FCW
Chinese businesses are giving away AI tokens with coffee, credit cards, and dumplings
SourcesRest of World
Cyber risk from frontier AI poses ‘most immediate concern’ to global financial system, watchdog warns
SourcesThe Record
Crypto bro faces 280 years in prison for defrauding investors with promises of an 'AI supercomputer' for mining — jury convicts businessman of running $24-million Ponzi scheme, claimed up to 30% APR and a 100% money-back guarantee
SourcesTom’s Hardware
Binance now lets AI agents trade, but keeping them in check is largely up to users | TechCrunch
SourcesTechCrunch
A Queensland man enjoyed soaring profits from a crypto trading app. Then his money started disappearing
SourcesThe Guardian
Cotiviti Launches AI Solution to Address Coordination of Benefits Issues - MedCity News
SourcesMedCity News
Silicon Valley startups are about to hand corporate credit cards to AI agents
SourcesFast Company Work Life
Exclusive: InKind lands $414 million led by Citi to dominate how independent restaurants raise money
SourcesFast Company Work Life
Scammers are enrolling fake students at US community colleges and using AI to collect financial aid
SourcesThe Decoder
One of Wall Street’s most-watched AI investors just sold off all his stocks. Here’s why
SourcesFast Company Work Life
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