This post is targeted at both banks and regulators (OSFI in Canada ). More specifically Agentic AI is the risk frame here. Agentic AI is defined here in banking context, goes exponentially beyond automation. Take mortgage sourcing. Banks have multiple and defined process for mortgages that sources, adjudicates, processes and funds. Each step is calibrated and defined and understood by regulators and those mortgages go on to be bundled and sold as tranches with known, defined risks. Where Agentic AI takes over the agent determines the best and most effective process to follow and will establish improvements which could bundle … Continue reading AI in financial services: regulators 2 years behind banks