Third-party

A third-party is an external organization or individual that provides goods or services to a company but is not part of that company. In business and finance, they are often vendors, contractors, or service providers that a company relies on for specific functions.

Why it’s in the news: Third-parties are in the news due to significant risks and failures, including software glitches causing financial errors, new regulatory guidelines holding institutions accountable for their third-party AI, and efforts to bypass them for greater control.

Latest on Third-party

• The Third-Party Agent Problem: Why Security Built for AI You Chose Misses the Agents You Didn't
• Wise Third-Party Software Glitch Leads to 4,000 Incorrect Tax Statements
• Wise to pay clients' tax bills after third-party software error
• Rain is seeking a national trust bank charter to bypass third-party banks
• Financial institutions remain accountable for third-party AI under new MAS guidelines
• 10 best third-party risk management software platforms for 2026

Connections

6 entities linked to Third-party across the news graph.