The Bangko Sentral ng Pilipinas (BSP) has called on banks and other financial institutions to strengthen governance and consumer safeguards as the use of artificial intelligence expands across financial services. BSP Governor Eli Remolona Jr. said AI can help institutions Read More …
Tag: Artificial Intelligence
BSP Urges Banks to Strengthen AI Risk Controls
Goldman Sachs Advances Agentic AI in Banking
Goldman Sachs is moving its use of artificial intelligence beyond conversational assistants toward agentic AI systems capable of performing multi-step tasks across regulated banking workflows. The development marks a shift from AI tools that primarily assist employees to systems that Read More …
SBI to Expand AI Use for Fraud and Risk Management
SBI is accelerating the deployment of artificial intelligence across critical banking operations, with a focus on fraud prevention, proactive risk management, anti-money laundering (AML) and cheque processing. SBI Chairman C. S. Setty said the country’s largest lender is increasingly using Read More …
Millennium and Anthropic to Develop AI-Powered Digital Risk Analyst
Millennium has partnered with artificial intelligence company Anthropic to co-develop an AI-powered digital risk analyst aimed at strengthening risk assessment and decision-making across the investment manager’s operations. (The Trade News) The initiative forms part of a broader collaboration between the Read More …
China Expands Geological Disaster Risk Management
China is expanding its geological disaster risk management framework by shifting from the management of individual hazard points towards broader risk-zone-based prevention and control, according to a new five-year plan released by the Ministry of Natural Resources. (chinadailyhk) The Implementation Read More …
CFOs Struggle to Balance Faster AI Adoption With Risk Management
Chief financial officers are facing growing pressure to deploy AI quickly while ensuring that governance, cost controls and risk management keep pace, according to Deloitte’s Q2 2026 CFO Signals survey. (PR Newswire) The survey found that 93% of CFOs said Read More …
Millennium and Anthropic to Develop AI Powered Digital Risk Analyst
Millennium has partnered with artificial intelligence company Anthropic to co-develop an AI-powered digital risk analyst aimed at strengthening risk assessment and decision-making across the investment manager’s operations. (The Trade News) The initiative forms part of a broader collaboration between the Read More …
Davies Flags Rising AI Conduct Risks for Insurers
Davies has warned that the growing use of autonomous artificial intelligence agents across underwriting, claims management and customer servicing could significantly increase conduct risk for insurers in the UK and Ireland. The warning forms part of the first report in Read More …
KnowBe4 Expands AI Agent Security to Anthropic’s Claude
KnowBe4 has expanded its Agent Risk Manager to support Anthropic’s Claude, extending its AI-agent governance capabilities beyond Microsoft Copilot. The integration is designed to give organisations greater visibility into how autonomous AI agents operate and help security teams identify potentially Read More …
AI Risk Management Starts with a Written Policy
As organisations expand their use of artificial intelligence, risk management experts are highlighting the importance of establishing a formal written AI policy before deploying AI tools across business operations. A documented AI policy provides a foundation for responsible AI adoption Read More …