Banking

ING to deploy agentic AI for mortgage lending

ING Bank is planning to deploy agentic AI in its lending processes.  “In retail, we already use traditional machine learning to approve loans in...

AI drives autonomous hacking campaign against Anthropic

AI firm Anthropic has detected what it calls the first documented large-scale cyber-espionage campaign predominantly run by artificial intelligence.  A threat actor assessed...

Sunwest CTO: More clarity needed on AI regulation

As banks look to implement and scale AI within their operations, some executives want more clarity on regulations that govern how the technology...

Fed’s Barr calls for guardrails as financial sector adopts AI

Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks to adopt artificial...

MUFG ties up with OpenAI to accelerate AI use in bank services

Japan’s largest bank announced a tie up with OpenAI to accelerate its use of artificial intelligence, including in a new digital lender that’s...

Pagaya is expanding its auto, POS lending

AI-driven fintech Pagaya is expanding in auto and POS lending following its initial focus on personal lending.  “Auto is one of growth...