OCC releases framework for supervising artificial intelligence
The OCC released guidance for its examiners when evaluating the use of artificial intelligence – or “super intelligence" – in ...
Tag: Artificial intelligence
ABA, associations urge Congress to reauthorize cybersecurity law
ABA joined nearly three dozen associations in urging lawmakers to reauthorize the Cybersecurity Information Sharing Act for an additional 10 ...
Fannie Mae posts updates to its AI and cybersecurity requirements
Among the new requirements is a 36-hour cybersecurity incident reporting window requiring companies to provide Fannie Mae with “prompt” details ...
ABA survey: U.S. consumers wary of AI agents handling their money, bank account information
As a growing number of companies offer AI agents to carry out everyday tasks, a new national survey conducted by ...
Kelly calls on bankers to ‘advocate, innovate and partner’
In his final speech as ABA Chairman, Kenneth Kelly, chairman and CEO of First Independence Bank in Detroit, Michigan, highlighted ...
The real value of bank deposits goes beyond yield
Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the ...
Future minded: A special report on bank innovation
Banks are exploring ways to use powerful technology and new ideas to drive smart change.
Financial Stability Board finalizes ‘sound practices’ for AI adoption
FSB finalized a list of 12 sound practices to guide the adoption of artificial intelligence by banks and other financial ...
Chair’s View: The innovation imperative
I tell my team at First Independence all the time: We have to think and act like a technology company.
Bank survey: Consumers want humans to verify AI financial decisions
Forty-nine percent of survey respondents said they used an AI assistant to make a personal financial decision. Among those, however, ...
