IntraFi

The rise of generative AI agents has promised consumers a better, safer future. But what happens if those agents act in ways that destabilize the system, causing bank runs or better enabling bad actors to hack or commit fraud? Listen as Todd Phillips, assistant professor at Georgia State University’s Robinson College of Business, shares insights from his new paper looking into how AI could wreak havoc on the financial system. https://ow.ly/K3SW50U3986

With September’s 50 bps rate cut, and another cut likely today, how do bank executives expect their margins to be impacted? See these results and more in our latest Bank Executive Business Outlook survey: https://ow.ly/LTnG50U2gg4 #FOMC

Everyone is anxious today, so I want to help by giving you all something completely different to be scared about: generative AI agents and how they could wreak havoc on the financial system. Todd Phillips breaks down the threat, and how policymakers could address it. Listen on Apple Podcasts: https://lnkd.in/eRZKk7V3 Spotify: https://lnkd.in/eCyH-kqS

We're grateful to have connected with so many dedicated industry professionals at the recent AFP Conference (and our event at the Johnny Cash museum) plus the ABA National Conference in NYC. We'll be at many upcoming conferences too, talking about the best ways tackle today's market challenges. Find out more: https://lnkd.in/dWgh7wGg

There's been a lot of fervor around the CFPB's final rule on open data. Listen to Kate Berry and Christopher Williston VI, CAE break it down: what it does, which institutions stand to lose the most, how the lawsuit could play out, and what happens next. A must listen on: Apple Podcasts: https://lnkd.in/e3WqpjFN Spotify: https://lnkd.in/egJig9xA

Scroller beware, you're in for a scare! Check out some of the fantastic group costumes from the teams here at IntraFi—and have a happy Halloween!

The CFPB's Open Data rule allows consumers to request their own financial data from their bank and effectively bans screen scraping—but some banks say the rule creates security risks and heightens the potential for fraud. American Banker's Kate Berry and Christopher Williston VI, CAE, CEO of the Independent Bankers Association of Texas, weigh in. https://ow.ly/t9hI50TWjm4

Few bankers want the Fed to be forced to consult with the president on monetary policy, according to IntraFi's newest survey. Learn more about this issue, bankers' responses to recent rate cuts, and their biggest concerns for the future, at the link! https://ow.ly/BQgw50TVrFB

Four lawmakers are vying to lead the Republicans on the House Financial Services Committee next year, either as chair or ranking member depending on the election results. Hear directly from each one about their agendas and their views on the most important banking issues. https://ow.ly/Xexy50TVsns

Hear how institutional depositors can make an impact in underserved communities as City First CEO Brian Argrett explains the new ACT Deposit Program (https://lnkd.in/dJi6ZhuE) on this Family Office Exchange podcast. >> https://ow.ly/3zE650TUooZ