Treasury Department AI chief encourages bank feedback on the technology
Treasury recently released AI recommendations as part of a larger agency report on managing AI cybersecurity risks in the financial ...
Tag: Artificial intelligence
Hsu: Banks should enact proper controls at each stage of AI adoption
For banks interested in adopting AI establishing clear and effective controls between each phase of implementation of the technology could ...
Treasury Department seeks comment on AI use in financial services
The Treasury Department has issued a request for information on the use of artificial intelligence in the financial services sector.
ABA suggests further refinements to generative AI framework
A draft framework to help organizations incorporate trustworthiness considerations into the design and implementation of generative artificial intelligence is a ...
HUD warns against discrimination in AI-powered housing advertisements
The Department of Housing and Urban Development released new guidance warning that the use of artificial intelligence in tenant screenings ...
Survey: Financial institutions losing millions to AI-powered fraud
Slightly more than half of financial institutions said in a recent survey that they had lost between $5 million and ...
Artificial intelligence for banks: Learning benefits, mitigating risk
It can feel like the AI landscape changes every day with new uses and regulations
How technology is changing for bank marketers
And how many institutions are using customer analytics to identify marketing opportunities?
Banking sector, regulators announce joint effort to address AI risks
Banking industry and Treasury Department representatives came together at ABA's headquarters in Washington, D.C., to announce the next steps in ...
Treasury: AI-fueled cyber threats bring new challenges
Deepfakes, the imperative of third-party risk management and global regulatory fragmentation are leading concerns.
