July 6, 2025

IRS

Finance

Why 2026 Will Be A Big Year For AI In Business Finance

From the looks of it, 2026 is going to be AI’s big year in the finance department. A new study from AI-powered procurement software company Tropic found that half of finance departments are currently piloting AI solutions, but 86% plan on using it in much fuller force by 2026. And they aren’t just doing it

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Banking

IRS sets new initiative with banks to uncover fraud

The Internal Revenue Service’s Criminal Investigation unit has embarked on a new initiative for engaging with financial institutions as it makes greater use of banking data to uncover tax and financial fraud.  IRS-CI released FY24 Bank Secrecy Act metrics Friday, demonstrating how it uses BSA data to investigate financial crimes. During fiscal years 2022 through

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