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FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
AI Advatage:Leading companies focus on growth,not just productivity

AI Advatage:Leading companies focus on growth,not just productivity

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Technology

“Insurance comes out as one of the stronger sectors in the survey, with solid groundwork in place for using AI. It has clear direction and strong controls around security and risk, however, it is not yet using AI as widely as the top performers. The biggest gap...
AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

“The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex.”CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a...
Asian regulators stepping up banks’ cybersecurity risks amid Mythos AI Fears

Asian regulators stepping up banks’ cybersecurity risks amid Mythos AI Fears

by AIP Online Bureau | Apr 20, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation, Risk Management, Trends, Facts

Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met to review and discuss how to respond to the risks. In Australia, authorities expect lenders to be vigilant to ensure clients aren’t put at risk by...
Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF

Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...
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