State bank regulators reportedly get new guidelines to scrutinize lenders' AI use
Bloomberg Law reports that the guidance comes as federal policymakers grapple with proposals to protect U.S. institutions and customers from AI-related risks.
TLDR
State banking regulators across the U.S. are getting new guidelines to examine how lenders use artificial intelligence, Bloomberg Law reports. Federal policymakers are also working through their own proposals to safeguard institutions and customers from AI-related risks.
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