AI hallucinations prompt ombudsman to fight back with phone calls | Mortgage Introducer
Third-party claims firms are using AI to flood the ombudsman with bulk submissions — and the real complaint is getting lost. AI hallucinations ...
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FMA highlights AI governance in financial sector amidstrisks| NZ Adviser
mpamag.com Advanced AI technologies pose new types of market manipulations and systemicrisks, such as increased market volatility and cybersecuritythreats …
APRA urges caution with AI adoption | Mortgage Professional Australia
Mortgage ProfessionalAPRA member Therese McCarthy Hockey (pictured above), speaking at the Australian Finance Industry Association (AFIA)Risk Summit, said that while the …
Gen AI: Balancing innovation andriskin financial services | NZ Adviser
mpamag.com However, alongside these benefits, Trinder noted potentialrisks, including cyberthreatsand the potential for AI to be weaponised by criminals. “New …