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Bankers and tech executives at SAS' annual conference said agentic AI is still in the "terrible twos" stage and requires human supervision.
May 8
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The 21st century financial system that digital currency promised is being built, but by banks, not by the bitcoin crowd.
May 8
American Banker -
Employers hired an additional 115,000 workers in April, while unemployment remained unchanged at 4.3%. Despite the positive headline figure, a spike in newly unemployed workers and a rising number of underemployed workers suggests instability under the surface.
May 8
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The revelation that Mythos, the latest version of Anthropic's Claude large language model, can unearth unknown vulnerabilities in computer systems and websites is a crisis moment, especially for community banks.
May 8
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Almost 60 SBA loans originated by Community Bank & Trust — West Georgia were classified as noncurrent, according to Small Business Administration records. Last week, Community became the second U.S. bank to fail in 2026.
May 8
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Federal Reserve Gov. Lisa Cook said Friday that she believes tokenization could improve efficiency across the financial system, including faster settlement times and more effective recordkeeping. But those advantages will take place within traditional finance rather than supplanting it, she said.
May 8
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Andrew Stocker is the president, employee benefits of Voya Financial, Inc. (NYSE: VOYA), which helps Americans become well planned, well invested and well protected. Andrew is a seasoned insurance executive with a proven record of leadership and transformation across distribution, marketing, product manufacturing, underwriting, and operations. Stocker currently leads Voya Financial's employee benefits business, inclusive of Benefitfocus.
May 7
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The Treasury Department held a high-stakes huddle with state insurance officials to discuss risks associated with the rapid growth of private credit in the economy and whether those investments could pose systemic vulnerabilities.
May 7
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Jim Gemer, CPA, is the founder of the Human Choice Company LLC in Bradenton, Florida. He writes on AI governance, forensic methodology, and the accountability gap at
thinkingsovereignty.ai anddigitalhumanism.ai .May 7
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The lenders' examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.
May 7
