via RegTech Analyst
AI is no longer a pilot project in financial services. That was the clear message at the 2026 BAFT International Trade & Payment Conference, where a panel on AI in compliance and fraud detection explored what comes next for banks and payments providers.
According to Quantifind, moderated by BNY senior vice president of global payments and trade Ryan Lastra, the discussion brought together Quantifind VP of strategic client partnerships Teresa Buechner and BNY senior vice president of domestic payments Sumner Francisco.
What stood out was not a debate over whether AI belongs in financial services. That argument has already been settled. Instead, the focus shifted to governance, explainability and collaboration in a world where financial crime operates across networks, not institutions.