

Risk, AI, and the Future of Sound Banking Practice
This episode covers the evolution of AI in banking, risk governance in digital banking, agentic banking and independent risk management, and the future of banking and the role of humans. It explores the use of AIs in banking, the comparison between digital and traditional banks, the role of agents in banking decisions, and the potential impact of AI and automation on the future of banking. Takeaways Banking has evolved with technology Customer focus is essential in banking AI accuracy in banking is a critical concern Digital banks have a unique risk governance culture The future of banking may see increased automation and AI usage Chapters 00:00 Introduction and Banking Career 01:41 Evolution of Banking 03:01 Customer Focus in Banking 06:22 Impact of Textbook on Banking 07:17 Writing and Impact of Banking Textbook 09:13 Writing Process and Impact of Textbook 13:12 Innovation in Banking 14:13 Tokenization and Digital Asset Innovation 18:26 Impact of Banking Failures on Economy 21:30 The Accuracy of AI in Banking 24:54 Risk Governance in Digital Banking 28:12 Agentic Banking and Independent Risk Management 35:10 The Future of Banking and the Role of Humans
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