AI & Finance News — 2026-09-26 (Sat) Morning News

Overview

On Wall Street, major indexes rose and AI-related stocks continued to be bought, but there were both bright and dark sides for banks, such as the message fraud damage at Intesa and Dimon's $1 trillion statement (Reuters, The Market Periodical). In Japan, the Financial Services Agency is holding an on-chain financial forum, and Tokio Marine and Gunma Bank are expanding the use of AI (fsa.go.jp, Sankei News, Nihon Keizai Shimbun). It was also reported that AI companies are seeking a framework for voluntary safety measures (The Atlantic).

Bank trends

Italy's largest bank, Intesa, has suffered millions in losses due to an AI-based message scam, sources said (Reuters). The San Francisco Fed has released the results of a survey on AI adoption in banks (JD Supra). TD argued that agent-based AI could transform banking (TD Stories), and CFO Brew reported that bank CFOs are keeping an eye on rising interest rates and responding to AI bots (CFO Brew). Goldman reportedly took a tough view on AI stocks (Yahoo Finance).

Insurance trends

Gateless' Smart Underwrite received AZP Platinum AI certification (HousingWire). While the use of AI in underwriting and insurance claims has been discussed (insurancebusinessmag.com), it has been pointed out that "undeclared AI" is the insurance industry's biggest blind spot (FinTech Global). Cyber threats continue to be the top concern as AI transforms risk, according to a Travelers survey (Risk & Insurance). There are also reports that conflicts between insurance companies and hospitals over AI are leading to rising medical costs for patients (Pagosa Daily Post).

Trends in asset management and market transactions

AI-powered tools are said to be reshaping wealth advisors' tech stacks (InvestmentNews), and OneVest has launched Canada's first AI-based account opening solution (ffnews.com). A BlackRock paper pointed out that AI agents could boost demand for stablecoins (disruptionbanking.com). On the market side, Wall Street rose on the back of AI stock buying, with Microsoft leading the rise (Reuters), and there was a view that the bond market is also turning to AI trading (Seeking Alpha). On the other hand, it has been pointed out that some investors are taking profits from AI stocks (CNBC TV18).

Fintech/payment trends

Northwestern Mutual selects Jump for enterprise AI implementation (InvestmentNews). Coinbase is said to be building a platform for AI agent payments (benzinga.com), and Polygon reportedly demonstrated processing of 11 million payments per second for agents (Yellow.com). VentureBeat argued that money management is entering a new phase with AI (VentureBeat).

Remarks from key figures and authorities in the financial world

- Jamie Dimon (JPMorgan Chase CEO): It was reported that Nvidia stock rebounded in response to his prediction that AI-related spending will exceed $1 trillion (The Market Periodical). - Bank of England Governor Bailey: Wrote a paper evaluating AI as a "positive supply shock" (Investing.com). *We were unable to confirm any direct statements or movements in the headlines regarding the other individuals on the list (Larry Fink, Jane Fraser, David Solomon, Brian Moynihan, Ted Pick, Ken Griffin, Paul Atkins).

Trends in AI-related stocks and funding

An AI startup under the age of 30 has reportedly reached a valuation of $5 billion (Forbes). Dextr AI, an AI agent for hospitality, raises $6.7 million (Indian Startup News). Chicago startup raises $85 million on growing customer and investor interest in AI (Crain's Chicago Business). Microsoft stock rose on improved analyst ratings for Azure and AI growth prospects (Quiver Quantitative). SoundHound AI's short interest ratio reportedly rose to 40.47% (Quiver Quantitative).

Trends in financial regulation and supervision

The Financial Services Agency held the ``On-chain Financial Forum for the AI Era'' (fsa.go.jp). It has been reported that Google, OpenAI, and Anthropic may launch an AI safety group by early 2027 (ET Enterprise AI). The Atlantic reported that AI companies are exploring new plans to protect themselves from the risk of spiraling out of control.

Integrated analysis: What is happening now

While capital continues to flow into AI-related stocks in the market (Reuters, Seeking Alpha), behind the scenes, weaknesses in operational and risk management are emerging, such as Intesa's AI message fraud loss (Reuters) and the insurance industry's "undeclared AI" blind spot (FinTech Global). The banking, insurance, and asset management industries are accelerating the introduction of AI agents in front-office operations such as underwriting screening, account opening, and asset management advice (HousingWire, ffnews.com, InvestmentNews), and on the payment infrastructure side, infrastructure development with an eye to automatic transactions between AI agents (Coinbase, Polygon) and expectations for the spread to stable coin demand (BlackRock) are also progressing at the same time. On the regulatory front, there have been reports of the Financial Services Agency's On-Chain Financial Forum and AI Safety Group Initiative, but as with the Intesa fraud damage, actual harm may come first, and the supervisory and verification framework may not be able to keep up. The coexistence of Dimon's $1 trillion statement and Goldman's caution suggests that expectations for AI investment and caution over overheating are competing with each other within the market.

Future points of interest

- Whether details of the damage caused by Intesa and measures to prevent recurrence will be disclosed in the future (Reuters) - How the implementation of AI agent payments and account opening will align with financial regulatory frameworks - Will the insurance industry's "undeclared AI" issue lead to a supervisory response?