Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformation
Bengaluru: Vecton AI, an AI transformation partner focused on financial institutions, has raised Rs 6 crore in a…
Canada regulator cited Anthropic’s Claude Mythos in warning to banks on cyber risks, email shows
(Correct Bruce Ross’s title to Group Head, AI, not chief technology officer, in paragraph 17) By Nivedita Balu…
My dad lost $250K of my parents’ retirement savings to a WhatsApp scam he never questioned or verified
It usually starts with a simple, harmless-looking message and ends with a financial decision that can’t be undone.…
OPINION: Trust is the product: why Canada’s financial platforms are redefining cybersecurity
The quiet shift from protection to participation. PHOTO: ADOBE IMAGES There was a time when cybersecurity operated quietly in the…
OSFI warns AI voice cloning is putting Canadian bank accounts at risk
A phone on the phone looking concerned Imagine your phone rings and it’s your son. He says he’s…
‘Great Wealth Transfer’ fuels new risks for trust and fiduciary services
According to a 2023 report by The New York Times, an estimated $84 trillion in assets is expected…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
Canada’s financial institutions watchdog backs innovation, but won’t risk stability
Turning to the regulator’s role, Routledge stressed that it does not aim to steer innovation among financial institutions,…
Banking regulator warns of rising risks as geopolitical winds shift
TORONTO — Security risks are rising as geopolitical and technological landscapes shift and industry needs to adapt quickly,…