SMBs are acting on financial advice from AI chatbots — before talking to their accountant, as experts warn 'that pressure is only going to grow'
70% of UK SMEs consult AI for financial advice before their accountants – professionals now need to offer higher-value, proactive business advice. [...]
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Anthropic rolls out Claude AI for finance, integrates with Excel to rival Microsoft Copilot
Anthropic is making its most aggressive push yet into the trillion-dollar financial services industry, unveiling a suite of tools that embed its Claude AI assistant directly into Microsoft Excel and c [...]
Surprising no one, researchers confirm that AI chatbots are incredibly sycophantic
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Millions already use AI chatbots for financial advice, but experts warn of clear limits
Millions of people are already using chatbots like ChatGPT for retirement planning, the Financial Times reports.<br /> The article Millions already use AI chatbots for financial advice, but expe [...]
AI is moving to the edge – and network security needs to catch up
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The attack dominating financial services doesn't steal passwords. It resets MFA and steals the token.
The attacker who hit the most financial services organizations over the past 12 months never phished a password. They called an IT support line, convinced an employee to reset their MFA, and registere [...]