Connect with us

Technology

Responsible AI Institute Launches TrustX for Finance to Bring Verifiable Trust to Autonomous AI in Financial Services

Published

on

New Autonomous Finance Initiative will help financial institutions classify, control, and verify autonomous AI systems before production deployment.

AUSTIN, Texas and NEW YORK and LONDON, June 15, 2026 /PRNewswire/ — The Responsible AI Institute, the world’s largest responsible AI non-profit and an independent organization with a decade of experience advancing trusted AI governance, today announced the launch of TrustX for Finance, a sector-specific assurance initiative designed to define how autonomous AI systems are evaluated, controlled, and approved for production in financial services.

RAI Institute launches TrustX Finance Working Group. Founding members: U.S. Bank · NatWest Group

As banks and financial institutions prepare to deploy AI systems that can initiate payments, execute workflows, and act with delegated authority, traditional AI governance is no longer sufficient. These systems do not simply generate recommendations; they can take action. Institutions need a consistent way to classify their risk, define their authority, enforce operating boundaries, and generate evidence that those controls hold in practice.

Across industries, AI is moving from advisory systems to agentic systems: software that does not simply generate outputs, but can plan, decide, and execute actions across enterprise environments. This shift is accelerating risk in two areas in particular. First, organizations are increasingly deploying AI through vendors and SaaS platforms, often without clear visibility into agent behavior, authority, tool access, or system reach. Second, frontier models with advanced coding, tool-use, and agentic capabilities are increasingly able to interact with internal tools and data through legitimate integration pathways. That access expands the potential blast radius when systems are misused, compromised, or misaligned.

TrustX for Finance provides a structured path to production by classifying AI systems based on autonomy, authority, reach, and persistence; applying controls proportional to risk; and producing audit-ready evidence for internal approval, external assurance, and regulatory review.

The initiative builds on the TrustX Health program launched in the United Kingdom in December 2025 with Health Innovation Kent Surrey Sussex, the University of Cambridge’s Trustworthy Artificial Intelligence Lab, and The King’s Fund. TrustX Health established a sector-specific pathway for safely verifying, testing, and monitoring agentic AI in health and care. TrustX for Finance extends that assurance model to financial services, where autonomous systems may initiate payments, execute transactions, and operate with delegated authority.

To address the full agentic AI surface, RAI Institute is expanding TrustX across three domains: Build, for internally developed and deployed agentic systems governed through Agent Risk Classification; Buy, for third-party and SaaS-based AI systems assessed through an AI Risk Procurement Framework; and Protect, for enterprise systems exposed to agentic AI through tool access, data access, and workflow integrations. Together, these domains reflect a core TrustX principle: governance must follow what AI systems are allowed to do, not just how they are built.

The Autonomous Finance Initiative will operate as a bank-led working group and hands-on program under TrustX for Finance. At the center of the initiative is a proving ground where participating institutions can test and validate autonomous AI systems in a controlled sandbox environment before production deployment, including systems that initiate payments, execute financial transactions, manage workflows, and operate within delegated authority limits.

Within this environment, institutions can:

Classify systems into defensible risk tiers based on autonomy, decision authority, execution scope, persistence, and enterprise reachApply controls proportional to risk, aligned to regulatory expectationsValidate system behavior against enforceable policies, constraints, and approval thresholdsAssess third-party and SaaS-based agentic AI systems beyond traditional vendor questionnairesIdentify enterprise systems exposed through AI tool access, data access, and workflow integrationsGenerate audit-ready evidence required for internal approval, external assurance, and regulatory reviewDemonstrate that systems operate within approved boundaries under real-world conditions

“Financial institutions cannot approve autonomous AI for production using governance models built for static systems,” said Manoj Saxena, Founder and Executive Chairman of the Responsible AI Institute. “As AI begins to initiate payments, execute workflows, and act with delegated authority, the industry needs a shared way to classify risk, enforce boundaries, and prove systems are operating as approved. TrustX for Finance establishes that foundation.”

“As consumers and businesses begin using AI systems that can act on their behalf, financial institutions need a common assurance framework,” said Dr Samuel Assefa, Senior Vice President and Head of AI Innovation & Solutions, AI Center of Excellence at U.S. Bank. “While we have strict controls in place to govern AI, preparing for new trends and the inevitable expansion of Agentic AI use cases is critical. Classification, controls, and independent verification will be essential to deploying these systems safely and responsibly.”

“”TrustX for Finance comes at a critical moment for our industry.”, said Dr. Paul Dongha, Head of Responsible AI & AI Strategy at NatWest Group “As financial services organizations begin deploying agentic AI, we must move quickly but responsibly — assessing the risks of this powerful new technology, embedding robust controls before deployment, and proving those controls hold in production.”

Initial workstreams will focus on autonomous commerce and payments, where AI systems are already beginning to take action on behalf of users, institutions, and ecosystem partners. Participating organizations will collaborate on real-world use cases while testing systems against shared assurance criteria for risk classification, delegated authority, tool access, runtime behavior, auditability, and control effectiveness.

Central to TrustX for Finance is the TrustX Open AI Registry — an openly licensed governance core that makes working group outputs inspectable and reusable across the sector. The registry provides a shared schema, risk classification logic, agent blueprints, and policy and controls. The Public Edition will be free and openly available. Working group members receive early access to new blueprints, peer benchmarking data, and finance-specific implementations as they are developed.

For more information on TrustX for Finance and the Autonomous Finance Initiative, visit https://www.responsible.ai/trustx-finance/

About the Responsible AI Institute

The Responsible AI Institute is the world’s largest responsible AI non-profit and an independent organization with a decade of experience advancing practical governance and assurance systems for AI deployment across regulated industries. RAI Institute is vendor-neutral, standards-aligned, and supported by a global community of enterprises, researchers, policymakers, and responsible AI practitioners.

Through TrustX, RAI Institute enables organizations to define, control, and prove how AI systems operate before they impact real-world outcomes.

Media Contact:
news@responsible.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/responsible-ai-institute-launches-trustx-for-finance-to-bring-verifiable-trust-to-autonomous-ai-in-financial-services-302800668.html

SOURCE Responsible AI Institute

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

QUIGLEY-SIMPSON LAUNCHES NEW AI DISCOVERABILITY AND VISIBILITY OFFERING

Published

on

By

Agency Helps Brands Improve How They Are Discovered, Understood, Referenced, and Recommended Across AI-Powered Platforms

LOS ANGELES, June 15, 2026 /PRNewswire/ — Quigley-Simpson, the impact-obsessed independent marketing agency, today announced a new AI discoverability and visibility offering designed to help brands improve how they are discovered, understood, referenced, and recommended across AI assistants, large language models (LLMs), search engines, and digital media environments.

As consumers increasingly turn to AI-powered platforms for information, recommendations, and purchasing decisions, brands face a new challenge: ensuring accurate, credible, and authoritative information about their business is available and accessible to both people and AI systems.

“Consumers are no longer discovering brands through search engines, advertising, or social media alone,” said Carl Fremont, CEO of Quigley-Simpson. “AI platforms are becoming an increasingly important source of information and recommendations. Brands must now think beyond traditional visibility and consider how they are represented across the broader AI ecosystem.”

The new capability helps brands understand and improve the signals that influence how AI systems interpret, evaluate, and recommend information. Unlike point solutions focused solely on monitoring AI responses, Quigley-Simpson’s approach combines communications, content, creative, media, analytics, and optimization to help brands actively strengthen their visibility and authority.

Built on the agency’s integrated operating system, the offering leverages expertise from communications, creative, media, analytics, strategy, and technology teams to address this emerging challenge.

“We believe brands now need to market to both humans and machines,” said Jeff Ratner, President, Media, Data & Analytics at Quigley-Simpson. “The information AI platforms use doesn’t appear by accident. It is shaped by content, communications, media signals, authority, and credibility across the digital ecosystem. What differentiates our approach is our ability to move beyond diagnosis and activate solutions through integrated communications, creative, media, and analytics programs.”

Historically, communications strategies were designed primarily to influence people. Today, they also influence the systems increasingly shaping consumer discovery and decision-making.

“Brands have spent decades optimizing how they communicate with consumers,” said Alissa Stakgold, President Strategy and Creative Services, at Quigley-Simpson. “Now they must also consider how they communicate with the AI systems that summarize, interpret, and distribute information at scale. This capability helps brands better understand those dynamics and respond strategically.”

The offering combines proprietary methodologies with leading third-party technologies, including AI visibility and monitoring platforms, while leveraging Quigley-Simpson’s broader media, analytics, and intelligence infrastructure.

Initial services include:

• AI visibility and discoverability audits
• Brand authority and citation analysis
• Competitive benchmarking
• Communications and content strategy
• Creative and messaging optimization
• Media and content amplification
• AI response monitoring and reporting
• Ongoing optimization and measurement

The framework is built around five core pillars: Content, Credibility, Connections, Coverage, and Calibration.

Together, these pillars help brands strengthen the signals that influence how AI systems interpret, reference, and recommend information while improving consistency across communications, content, media, and customer experiences.

ABOUT QUIGLEY-SIMPSON:
Headquartered in Los Angeles, with an office in New York City, Quigley-Simpson is the largest WBENC-certified woman-owned advertising agency in the country and an impact-obsessed marketing partner for brands seeking measurable growth. Its fully integrated offerings span brand strategy, creative development, media planning and buying, digital performance, analytics, and AI-enabled solutions. For 25 years, Quigley-Simpson has helped brands break through growth barriers by connecting brand building with business outcomes. As a full-solutions, full-journey agency, it transforms insights into action and action into measurable impact, delivering results that drive long-term growth and competitive advantage. Clients include industry leaders such as JPMorgan Chase and Procter & Gamble, alongside high-growth brands including Generac, Simply Business, Finance of America, and Kumon. Quigley-Simpson’s approach is rooted in a simple philosophy: be Brand-led, Demand-driven, and Impact-obsessed.

View original content:https://www.prnewswire.com/news-releases/quigley-simpson-launches-new-ai-discoverability-and-visibility-offering-302800753.html

SOURCE Quigley-Simpson

Continue Reading

Technology

Dialogica Emerges from Stealth to Empower Lawyers to Reclaim Their Time

Published

on

By

New class of legal cognition provides fully secure, local platform to remove the rote, non-billable work that slows lawyers down

SANTA MONICA, Calif., June 15, 2026 /PRNewswire/ — Dialogica (“Dia”), the new, voice-first class of legal cognition built to empower lawyers to reclaim their time while preserving legal judgment, trust, and confidentiality, announced its public launch today. The company is supported by Ground Up Ventures, led by Cory Moelis, and global leading lawyers, including Tom Glocer, ex-CEO of Thomson Reuters, and members of the board of directors at Morgan Stanley and Merck, Scott Taylor, former GC of Symantec, Health Ingram, a Top 40 BioTech Regulatory Counsel and Partner at Goodwin Proctor, and partners at various AmLaw 50 law firms.

Dia was built to free lawyers from the rote work that holds firms back, like calendaring, timekeeping, redlining, precedent searching, tracking clients, matters, deals, and cases, and much more, so they can focus on what they do best. Sensitive firm data stays within the firm’s walls, and Dia works seamlessly with the systems and technology already in place. The result is more billable time and revenue per lawyer, and more room for work-life balance that is rarely afforded in the industry.

The launch comes as current ‘last mile’ legal AI tools have focused on the drafting work that lawyers spend years training to do. Dia is focused on the first mile of legal work; this is the high-friction layer where matters start, where time is lost, and where repetitive work slows lawyers down. It operates as a horizontal, voice-first dialogue layer that strengthens what firms already have rather than replacing it, and was built to provide a practical, secure way to give lawyers an intuitive, easy-to-use system while maintaining the standards of security, confidentiality, and control that their clients demand.

“I spent years watching my colleagues, and brilliant lawyers, lose hours every single day to work that had nothing to do with being a lawyer,” said Austin Worrell, Co-Founder and CEO, Dialogica. “We built Dia to give lawyers this time back, without touching their judgment, training on firm data, or asking anyone to change how they work. We want lawyers to be able to focus on counsel, strategy, and client services; the work that defines a great law firm, and that no AI could ever replace.”

“We built Dia to be the first platform that works the way law firms already operate, rather than force them into a new system,” said Joshua Goodman, Co-Founder and CTO, Dialogica. “At the same time, Dia does not compromise on security, ensuring firms get all the benefits without anything leaving their environment. This is an exciting moment to work with firms that want to move now to define the modern legal practice and future-proof their practices.”

Scott Joachim serves as President of Dialogica, and has almost three decades of experience as a corporate attorney. He previously served as Co-Chair of the Global Private Equity Practice at Paul Hastings, an “American Lawyer Top 25” international law firm, and chair of the private equity practice at leading technology law firm Fenwick and West. He also serves as an adjunct professor at Columbia University. “The intersection of law and technology is at a critical inflection point. I joined Dialogica because I’ve seen first-hand the inefficiencies and frictions in law practice that our products solve. The numbers are undeniable.”

“There is nothing in the market right now making non-billable hours more productive,” said Cory Moelis, General Partner, Ground Up Ventures. “In a field where privacy is absolutely critical, you can’t just build using foundational models. Assistants are emerging as the next wave as models become commodities, and that’s why I’m thrilled to be involved with Dialogica, as they are ahead of this curve.”

About Dialogica
Dialogica, Inc. is the company behind Dia, a secure amplified intelligence platform built to help law firms clear the clutter of daily practice while preserving the legal judgment, client trust, and confidentiality that define the profession. Designed for the operating realities of sophisticated firms, Dia is a voice-first dialogue layer that works across existing systems to reduce repetitive, non-billable work and give lawyers more time for the counsel, strategy, analysis, and client service only they can provide. For more information, visit: dialogicaai.com.

Media Contact
Dialogica@5wpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/dialogica-emerges-from-stealth-to-empower-lawyers-to-reclaim-their-time-302800740.html

SOURCE Dialogica, Inc.

Continue Reading

Technology

NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Published

on

By

NEW YORK, June 15, 2026 /PRNewswire/ — Neuberger Municipal Fund Inc. (NYSE American: NBH) (the “Fund”) has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on July 15, 2026, has a record date of June 30, 2026, and has an ex-date of June 30, 2026. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor’s cost basis of their shares will be reduced. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

View original content to download multimedia:https://www.prnewswire.com/news-releases/neuberger-municipal-fund-announces-monthly-distribution-302800718.html

SOURCE Neuberger Berman

Continue Reading

Trending