AGP Executive Report
Last update: 11 hours agoDigital Banking: Revolut won New Zealand’s first digital-bank licence, letting it offer savings accounts and credit cards as it commits NZ$120 million to the market. Agentic Finance: Hong Kong’s monetary authority launched Project SAGE and an expert group to develop AI-agent financial services with safeguards for identity, governance and use cases. Financial Crime: Nasdaq says $4.4 trillion in illicit funds was laundered globally in 2025, while 90% of surveyed institutions reported more AI-driven attacks; its Verafin unit is using AI agents to help detect fraud and money laundering. Market Stability: The ECB flagged high AI-stock valuations and reliance on a handful of US tech firms as risks, warning that weaker growth expectations could trigger a broader sell-off. Crypto Security: Binance customers withdrew $4.7 billion after a hack, adding to scrutiny of exchange security.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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