Physician AI Use Doubles, Confidence Grows Amid Skill Loss Concerns

The American Medical Association's latest survey reveals that 81% of physicians now use AI in their practices, a significant increase from 38% in 2023. While confidence in AI's clinical benefits grows, concerns persist regarding potential skill loss and patient interpretation of results without physician oversight.

AMA Survey on Trust in Health Information

A recent survey highlights that Americans continue to trust physicians and medical organizations, like the AMA, for health information, despite declining confidence in federal health agencies. The AMA emphasizes its commitment to providing accurate, evidence-based guidance to patients.

ISO 20022 Becomes Standard for Cross-Border Payments

As of November 22, 2025, ISO 20022 is the mandatory standard for cross-border payments, replacing the MT message format. This change aims to enhance efficiency, data richness, and compliance for financial institutions worldwide, supporting G20 goals for international payments.

ISO 20022: AI for Structured Postal Data Transition

SWIFT is providing an open-source AI solution to help financial institutions transition from unstructured to structured postal data for ISO 20022 payment messages. This is a mandatory change required by November 2026 to avoid message rejection and ensure data integrity for AML efforts.

ISO 20022 Payments Standard Deadline Approaching

SWIFT has issued a notice reminding financial institutions that the ISO 20022 standard for cross-border payments will become mandatory on November 22, 2025, ending the coexistence period with older MT formats. Institutions must complete their migration and testing to avoid disruptions and potential charges.

Accounting Standards Update 2025-08: Purchased Loans

The FASB has issued Accounting Standards Update 2025-08, amending Topic 326 (Credit Losses) concerning purchased loans. This update provides new guidance on accounting for credit losses on purchased loans, effective for fiscal years beginning after December 15, 2025.

Accounting Standards Update 2025-09: Hedge Accounting Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-09, which provides improvements to hedge accounting. This update aims to enhance the accounting for derivatives and hedging activities under Topic 815.

ASU 2025-10: Government Grants Accounting for Business Entities

The FASB has issued ASU 2025-10, which provides new guidance on accounting for government grants received by business entities. This update introduces a new Topic 832 to the FASB Accounting Standards Codification, establishing a model for recognizing government grants. The guidance aims to align accounting practices for government grants with international standards.

Accounting Standards Update 2025-11: Interim Reporting Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-11, which provides narrow-scope improvements to interim reporting under Topic 270. This update aims to refine existing guidance without introducing significant new requirements.

FASB Accounting Standards Update 2025-12: Codification Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-12, which makes technical corrections and improvements to the FASB Accounting Standards Codification. This update aims to enhance clarity and consistency in accounting guidance.