Watch more: Castellum’s AI Agent Scores Compliance Win Regulators Can’t Ignore Before you read this story, let’s take a little quiz to test your knowledge of financial crimes. One rule before you do: No AI allowed. A customer opens an account and provides information that...
JPMorgan Chase reportedly doesn’t want its employees to chat with ChatGPT. CNN reported Wednesday (Feb. 22) that the bank has restricted its global staff’s use of OpenAI’s artificial intelligence (AI)-powered chatbot. The bank’s decision was driven by compliance concerns around the use of third-party software,...
It was a valuable coincidence that the Reserve Bank of India (RBI) amended Know Your Customer (KYC) rules in January of this year to allow for remote video-based KYC checks for banks and other financial institutions. Only weeks later, remote working requirements hit as a...
It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech...
September 17, 2026
Watch more: Digital Shift With Flagright’s Chris Phillips Financial institutions have spent years stalking the risks and opportunities that artificial intelligence brings to their security-critical space. Then came AI agents. These agents could give banks something their existing financial crime operations struggle to produce: investigations conducted consistently, documented exhaustively and audited continuously rather than months […]
February 23, 2023
JPMorgan Chase reportedly doesn’t want its employees to chat with ChatGPT. CNN reported Wednesday (Feb. 22) that the bank has restricted its global staff’s use of OpenAI’s artificial intelligence (AI)-powered chatbot. The bank’s decision was driven by compliance concerns around the use of third-party software, according to the report, which cited an unnamed source. Because […]
