Podcast: Reducing the friction in banking

The Financial Stability Board has released a draft list of 12 sound practices to guide the adoption of artificial intelligence by banks and other financial institutions.

ABA expressed support for the FCC’s proposals to strengthen its numbering policies — which govern how phone numbers are distributed and sold — to combat criminals who place illegal calls that impersonate banks and other legitimate businesses.

ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other federal agencies to ensure a fair and competitive regulatory landscape for payment stablecoin issuers.

Harrison Barnes, whose San Antonio Spurs are competing in the NBA Finals this week, translates success from basketball to banking.

Training and education will be critical to ensuring that investments in AI platforms deliver their full value.

Two lawmakers have released a draft bipartisan bill to establish a national regulatory framework for artificial intelligence, including increased penalties for AI-enabled fraud and temporary preemption of state laws regulating AI models.