News Summary

• Finance leaders are under pressure to modernize and keep pace with the AI revolution.
• Across the mid-market, AI is being embedded into financial workflows at a pace that is outrunning the governance structures needed to make it safe.
• Black box AI refers to any finance deployment where outputs cannot be traced or governed.
• The industry needs to be more precise about what earns the label ‘finance-grade AI’ and it should be a non-negotiable standard before any AI deployment goes live.