#banking

The financial sector is moving faster on AI than the people meant to supervise it. A Reuters report on a Cambridge Centre survey says only 24% of regulators collect data on industry AI adoption, while 69% of respondents rely on OpenAI.

Reuters’ new Mythos analysis argues banks are staring at a timing problem, not a distant risk. Officials in the U.S., Canada, and Britain have already met with banking leaders, and Anthropic says the model found thousands of high and critical vulnerabilities.