# AI incidents at banks: AI-washing

Source: https://www.bankingnewsai.com/ai-incidents/category/ai-washing
Last updated: Oct 21, 2026

## How many AI-washing AI incidents have banks had since 2022?

As of Oct 21, 2026, the register holds 2 publicly reported AI incidents at banks and fintechs in the AI-washing category since January 2022. 2 of the 2 records involve systems the institution or a regulator described as AI; 0 are automated systems not described as AI. Countries: United States (2). Average severity 3.0 on a 1–5 scale. Status: 2 settled. The most recent is "SEC charges Rimar Capital over false claims of an AI-driven trading platform" (Oct 10, 2024).

| Date | Institution | Incident | AI? | Role | Category | Severity | Status |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Oct 10, 2024 | Rimar Capital USA, Inc. / Rimar Capital, LLC | [SEC charges Rimar Capital over false claims of an AI-driven trading platform](https://www.bankingnewsai.com/ai-incidents/rimar-capital-2024-sec-ai-washing) | AI (stated) | Governance finding | AI-washing | 3/5 | Settled |
| Mar 18, 2024 | Delphia (USA) Inc. and Global Predictions Inc. | [SEC's first 'AI-washing' cases: robo-advisers Delphia and Global Predictions pay $400,000](https://www.bankingnewsai.com/ai-incidents/delphia-global-predictions-2024-sec-ai-washing) | AI (stated) | Governance finding | AI-washing | 3/5 | Settled |

The register: https://www.bankingnewsai.com/ai-incidents

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Canonical page: https://www.bankingnewsai.com/ai-incidents/category/ai-washing
Part of [BankingNewsAI](https://www.bankingnewsai.com/) — the register of AI incidents at banks: https://www.bankingnewsai.com/ai-incidents. Markdown versions of every reference page: append `.md` to the page URL; index at https://www.bankingnewsai.com/llms.txt.