Developing story · 2 episodes · 18 Oct to 31 Oct
AI Risks Threaten Financial System
The series tracks growing concerns that AI is amplifying cybercrime and fraud in the financial sector, prompting warnings from the IMF and fintech leaders. After the latest warning about AI risks in payments and oversight, regulators and industry players are urged to develop stronger safeguards.
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Fintech leaders warn of AI risks in payments, fraud and oversight
Seven fintech executives outlined concerns about AI’s blind spots in a series of interviews and public statements. Dario Amodei, CEO of Anthropic, cited existential risks from advanced AI systems,…
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IMF chief warns cybercrime turbocharged by AI could erode trust in financial system
Kristalina Georgieva, managing director of the International Monetary Fund, highlighted a recent hack of French supermarket fridges that raised temperatures to 50C. She warned that cybercrime,…
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