Mastercard, Bank Policy Institute weigh in on regulating AI use in financial services
Financial institutions that leverage artificial intelligence (AI) and machine learning (ML) are not in favor of new regulations determining how ...
Tag: U.S. Office of the Comptroller of the Currency (OCC)
UiPath weighs in on AI regulation in financial services
Regulating the use of artificial intelligence (AI) is important, but defining it too broadly could also lead to unnecessary uncertainty, ...
Microsoft engages with regulators on new cloud technology
Microsoft reaches out to financial regulators around the globe to ensure that its offerings are compliant, and does so on ...
Weekly Wrap: Bank, vendor opinions on AI regulations and Envestnet acquisition
This week, Bank Automation News drilled down on filings with the Office of the Comptroller of the Currency, examining what ...
Google, Plaid and Upstart urge OCC to issue AI rules clarification
Feedback from technology providers and vendors on the use of artificial intelligence (AI) and other automation tools in response to ...
Recap: What U.S. Bank, PNC, and bankers’ groups are telling the OCC about AI
The regulators are curious again. Image: Sigmund/Unsplash Last week, the Office of the Comptroller of the Currency (OCC), the Federal ...
Leading regulatory agencies seek information about AI in financial services
The Office of the Comptroller of the Currency and the Federal Reserve Board are among five federal financial regulatory agencies ...
OCC guidance lacking on AI, machine learning
The Office of the Comptroller of the Currency’s guidance to its regulated banks fails to address technologies that rely on ...
OCC to use new data to reach underbanked
The Office of the Comptroller of the Currency wants to use new data sources to determine creditworthiness and give underbanked ...
Citi addresses $400M risk management fine with automation, data
Automation and improved data governance will be two crucial components of Citigroup’s multiyear modernization of the bank’s infrastructure. Less than ...
