Tag: AI in banking

Categories
AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending July 31, 2026

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 that matter most 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:

  1. Using traditional legal frameworks to regulate AI. (Reuters)
  2. HSBC opens AI center of excellence. (FinTech Global)
  3. The 60-25-15 rule is reshaping AI compliance pilots. (FinTech Global)
  4. Banks appointing Chief AI Officers. (FinTech Magazine)
  5. BaFin to monitor AI use at banks and insurers. (Reuters)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
AI Today in 5

AI Today in 5: July 31, 2026, The 60-25-15 Rule Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today in 5. All from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. 8 compliance changes under the EU AI Act. (Orrick)
  2. Agentic AI in banking in APAC. (CFO Tech)
  3. The 60-25-15 rule is reshaping AI compliance pilots. (FinTech Global)
  4. 5 key issues for AI in healthcare. (HealthExec)
  5. 5 top AI in fintech stories from July. (FinTech Futures)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on ⁠Amazon.com⁠.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on ⁠Amazon.com⁠.

Categories
AI Today in 5

AI Today in 5: July 24, 2026, The It’s All About the Data Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today in 5. All from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. Google says AI is helping workers. (WSJ)
  2. AI confidence outpaces adoption. (HealthCareFinance)
  3. AI is only as smart as the data. (Forbes)
  4. AI capture is the foundation of compliance. (UCToday)
  5. AI compliance failures could cost dearly. (FinTechGlobal)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on ⁠Amazon.com⁠.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on ⁠Amazon.com⁠.

Categories
AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending July 24, 2026

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 that matter most 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:

  1. Prediction markets and AI: Is compliance ready? (FinTechGlobal)
  2. AI is only as smart as the data. (Forbes)
  3. This time is different. (Crunchbase News)
  4. AI in fintech: use cases.(Intuit)
  5. How financial services are using AI in 2026. (RSM)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending July 3, 2026

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 that matter most 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:

  1. The future of AI in banking. (TheFinancialBrand)
  2. AI and global bankers. (Reuters)
  3. AI Playbook for financial services. (WEF)
  4. Trusted data in workflow. (Microsoft)
  5. Agentic AI in post-trade workflows. (FinTechFutures)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
AI Today in 5

AI Today in 5: July 2, 2026, The Bank of the Future Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. Does AI workflow matter more than the model? (FinTechGlobal)
  2. BoE says AI agents may need their own regs. (BankingExchange)
  3. Employers already rue laying off humans for AI. (CNBC)
  4. JPMorgan Chase is building the bank of the future. (Forbes)
  5. Human healthcare in the age of AI. (HospitalNews)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on ⁠Amazon.com⁠.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on ⁠Amazon.com⁠.

Categories
AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending June 19, 2026

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 that matter most 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:

  1. Next era of AI-enabled banking. (FinTechGlobal)
  2. AI-first banks rewriting the rules. (BCG)
  3. AI can’t be a rainmaker. (WSJ)
  4. AI is transforming the financial services trade. (International Banker)
  5. Agentic AI transforming finance. (EY)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
AI Today in 5

AI Today in 5: June 15, 2026, The Anthropic In Trouble Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. Compuvi gets $40MM funding. (FinTechGlobal)
  2. US bars top Anthropic models from foreign use. (NYT)
  3. EU AI Act risk tiers. (Snowflake)
  4. Tower of Babel and AI governance. (Compliance Week)
  5. US regulators are reviewing banks’ use of AI. (Reuters)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on ⁠Amazon.com⁠.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on ⁠Amazon.com⁠.

Categories
AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending June 12, 2026

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 that matter most 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:

  1. AMLA as a single financial crimes tool in the EU.(FinTechGlobal)
  2. Is your bank ready for Agentic AI? (OpenTextBlog)
  3. Will AI help women in financial services? (FinTechMagazine)
  4. The next changes in banking will not be about tech. (TheFinancialBrand)
  5. Bank CEOs brush off AI cash optimization. (BankingDive)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
AI Today in 5

AI Today in 5: June 11, 2026, The OpenAI & Compliance Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. Luxembourg and trusted financial data. (FinTechGlobal)
  2. AI governance grows at an uneven pace. (PlanAdviser)
  3. AI and spend management. (FinTechMagazine)
  4. The next changes in banking will not be in tech. (The Financial Brand)
  5. OpenAI funds start up for compliance. (Bloomberg)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on ⁠Amazon.com⁠.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on ⁠Amazon.com⁠.