BusinessWorld’s 3rd Quarter Banking Report for 2024 discusses how artificial intelligence (AI) is transforming the banking landscape in the country. Stories cover AI’s application in innovating banking and collecting data; the Anti-Financial Account Scamming Act (AFASA), which aims to combat financial cybercrimes; and Circular No. 1195, which requires all supervised institutions that offer account-to-account electronic fund transfers (EFTs) to provide timely recourse mechanisms for consumer concerns. These are coupled with economists’ outlook for the local financial markets and analysts’ bank stocks recommendations.