Related topic: AI

'The same characteristics that make AI useful in financial services also create many of the risks that make it so difficult to govern', the report author says.

Mark Whitcroft, CEO and co-founder of PlannerPal, says before committing to any AI tool, advisers should stress-test vendors against five specific touchpoints.

Year to date, one in four cases received a one-touch underwrite.

In the last of a four-part series, Zahid Bilgrami, CEO of Mortgage Brain, explores the pillars of Mortgage Brain's AI Charter: cost, intellectual property, consistency, and speed.

Regulated firms need to take action to plan for and mitigate cybersecurity risks posed by frontier AI, the regulators warn.

In the third in a four-part series, Zahid Bilgrami, CEO of Mortgage Brain, explores the pillars of Mortgage Brain's AI Charter: cost, intellectual property, consistency, and speed.

The integration allows advisers to initiate and complete identity verification directly within a client case.

In the second in a four-part series, Zahid Bilgrami, CEO of Mortgage Brain, explores the pillars of Mortgage Brain's AI Charter: cost, intellectual property, consistency, and speed.

Bruce Glover has joined Nivo, an AI agent for lenders and brokers, as account executive.

MorganAsh has warned that AI is enabling an increased risk of customer vulnerability fraud, especially as awareness builds around regulation.