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Fears of Anthropic’s new AI model Mythos reach Canada, get executives of Canada’s biggest banks and regulators in a huddle

Executives from Canada’s largest banks and top regulators gathered this week to discuss the cybersecurity risks posed by Anthropic’s new Claude Mythos AI model, amid the growing concerns that the technology could be weaponised to exploit software vulnerabilities. According to a report by The Globe and Mail, the meeting was held by the Canadian Financial…

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Banking charges update: RBI weighs uniform disclosure template; lenders begin reviewing regulator’s proposals

The Reserve Bank of India has begun consultations with banks on creating a uniform disclosure format for service charges and removing overlapping fees, as the regulator steps up efforts to streamline customer-facing charges, people familiar with the matter told ET.A senior bank executive said the discussions include having a standardised template that clearly itemises service…

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