Welcome to AI in Financial Services in 5 Stories. A practical weekly roundup of the five most important AI developments affecting banking, insurance, payments, asset management, and fintech. Each Friday, Tom Fox will break down the top stories through the lenses of compliance, risk management, governance, and business strategy. Designed for compliance professionals, executives, legal teams, and financial services leaders, it goes beyond headlines to explain why each development matters in a highly regulated industry. The result is a concise weekly briefing that helps listeners stay current on AI innovation while asking sharper questions about oversight, accountability, and trust.
This week’s stories include the following:
- Too many regulatory schemes. (FinTechGlobal)
- AI slop is wasting the finance team’s time. (ITPro)
- Can we get some clarity, please? (CFODrive)
- UBS new hires need AI proficiency. (FT)
- AI-driven bank ecosystems. (KPMG)
My first work of general non-fiction is now out: Deluge Before Dawn, the story of the 2025 flood in Kerr County, Texas, which killed 119 people and devastated a county. It is a story of tragedy, heartbreak, survival, and resilience.
It is available on the following sites: