Covers: Banking & FinanceRegulation & PolicyCybersecurityGovernment & Public SectorRetail & E-commerceEnergy & EnvironmentGovernance & Risk ManagementChatbots & LLMsMarkets & InvestmentAI Agents & Automation
American Bankers Association Start by implementing a formal AI riskmanagement framework that identifies, assesses, and mitigates risks early on. This framework should …
ABA Banking Journal - American Bankers Association Banking sector, regulators announce joint effort to address AI risks. The American Bankers Association and three financial sector associations …
American Bankers Association New York State issues guidance onAI-related cybersecurityrisksto financial institutions. A new survey by Webster Bank found that roughly half of …
American Bankers Association The report provides guidance on how central banks can identify and manageriskassociated with the adoption of AI …
American Bankers Association...risksfrom the technology. The order calls on several administration officials—including the newly created special advisor for AI and crypto—to …
ABA Banking Journal - American Bankers Association The Senate Banking Committee voted 16-11 to advance the nomination of Scott Bessent as Treasury secretary …
American Bankers AssociationM&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from The Bank Slate.com. ADVERTISEMENT. Tags: Mergers …
ABA Banking Journal - American Bankers Association The order by former President Biden encouraged agencies to use their authority to address financial stabilityrisksposed by AI …
Banking & FinanceEnergy & EnvironmentGovernment & Public Sector
American Bankers Association Indexing regulatory thresholds to inflation by default can keep expenses down for businesses — and their clients …
American Bankers AssociationA technology unlike any other, which banks and bank marketers are rapidly exploiting …
American Bankers Association Move came a few days before President-elect Trump took office, with his administration vowing to exit the 2015 Paris climate treaty …
Banking & FinanceEnergy & EnvironmentGovernment & Public Sector
American Bankers Association Order includes steps that may benefit financial institutions should the incoming Trump administration keep the order …
Banking & FinanceCybersecurityRegulation & PolicyGovernment & Public Sector
ABA Banking Journal - American Bankers Association Also, addressing monetary policy, Cook said she favors a more cautious approach to future cuts in the federal funds rate …
Banking & FinanceRegulation & PolicyGovernment & Public Sector
ABA Banking Journal - American Bankers Association...risksof AI in the financial sector. The American Bankers Association ...riskmanagement best practices and enhance understanding of emerging AI …
ABA Banking Journal - American Bankers Association“Congress and financial regulators must ensure that financial service regulations take into account the potential benefits andrisksassociated with …
American Bankers Association“We're seeing a lot of unmanaged innovationriskwhen financial institutions get into complex partnerships, such as trying to leverage AI, but don't …
American Bankers Association Banking sector, regulators announce joint effort to address AI risks. The federal banking sector remains sound, although banks' operational risk …
Banking & FinanceCybersecurityRegulation & PolicyGovernment & Public Sector
ABA Banking Journal - American Bankers Association Bill by Reps. Patrick McHenry (R-N.C.) and Maxine Waters (D-Calif.) would require regulators to draft four reports on the use of AI …
Banking & FinanceRegulation & PolicyGovernment & Public Sector
ABA Banking Journal - American Bankers Association Regulators must also show an openness to the adoption of AI, she said. “We should avoid fixating on the technology, and instead focus on therisks …
American Bankers Association For banks,artificial intelligenceis not new. But the pace of AI'sadvance certainly is an increasingrisk. The solutions torisksarising from AI in …
American Bankers Association New York State issues guidance onAI-related cybersecurityrisksto financial institutions · Compliance and Risk· October 18, 2024. The New York …
ABA Banking Journal - American Bankers Association The document listsrisksarising from AI along with controls and measures that institutions can implement to mitigatethreats …
American Bankers Association In his veto message, Newsom said that while well-intentioned, the bill did not take into account whether an Al system is deployed in high-risk …
American Bankers AssociationABA's partnership with the Treasure Department and Financial Services Sector Coordinating Council aims at seriousthreats …
ABA Banking Journal - American Bankers Association Banking sector, regulators announce joint effort to address AI risks. The National Institute of Standards and Technology today announced that it …
Banking & FinanceCybersecurityGovernance & Risk ManagementRegulation & Policy
ABA Banking Journal - American Bankers Association Associations called for updated modelriskmanagement guidance from the banking regulators to clarify expectations in the wake of changes …
ABA Banking Journal - American Bankers Association...riskmanagement, as most banks rely on vendors to provide AI services. “Rather than bank use of AI, the most pressingdangerfor policymakers is …
Banking & FinanceAI Safety & Existential RiskRegulation & Policy
ABA Banking Journal - American Bankers Association The bipartisan working group recommended that the committee take point on AI issues in finance and housing ...risksthe technology poses, and the …
ABA Banking Journal - American Bankers Association Five agencies issued final guidance to highlight what they said are therisksassociated with deficient residential real estate valuations, and to …
Banking & FinanceMarkets & InvestmentGovernment & Public Sector
American Bankers AssociationA recent ABA Banking Journal article identified third-partyrisks,AI...threatsfacing banks. The article noted that more than 800,000 …