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AI VULNERABILITIES IN BANKING
BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scaleGlobal Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population...
AI boom poses new financial stability risks, BIS head saysThe BIS estimates the world's five largest technology firms will invest more than $1 trillion in AI between 2025 and 2026, while industry ...
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in financeReserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...
India cannot build its digital economy on ‘borrowed trust’: QNu Labs CEO Sunil GuptaIndia must build sovereign digital trust layers for its expanding digital economy. The nation is transitioning to quantum-safe security, mo...
SaaS is beating the ‘SaaSpocalypse’! CLSA explains what AI means for Indian IT stocksCLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are g...
Global Market Today: Asian stocks open higher, oil rises after attacksAsian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks betwee...
AI fuels low-value cybercrimes, use of 'salami slicing'The rise of low-value cybercrimes is alarming, as scammers increasingly focus on individuals rather than systems. Driven by AI and the digi...
Jefferies’ Chris Wood sees a structural bear market in US bonds. What it means for stocks and goldJefferies has warned that persistent pressure on US Treasury yields could create a challenging environment for equity markets, particularly...
GPT-6 Astra is here: OpenAI’s new AI model can use computers, browse web and get work doneOpenAI has launched GPT-6 Astra, its newest frontier AI model. This advanced model aims to significantly boost computer use and professiona...
Adobe hands CEO job to Anil Chakravarthy in a bid to steer under-pressure software business amid AI competitionAdobe appointed company insider Anil Chakravarthy as its new chief executive. He takes over from Shantanu Narayen, who led the company for ...
Liquidity management, asset quality among pillars for NBFC growth: RBI DGRBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management ...
Fear the reckless humans, not the rogue AIAI isn’t plotting a coup; humans are simply giving algorithms too much power with too little governance.
Global Market: AI could force central banks to rethink monetary policyArtificial intelligence could fundamentally reshape financial markets and force central banks to rethink monetary policy communication and ...
AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...