Treasury Calls for Input on AI in Financial Sector

The U.S. Treasury Department is seeking information on the uses, opportunities, and risks of continued artificial intelligence (AI) development in the financial services sector. The use of AI in financial services is quickly evolving. This article provides a summary of Treasury’s information request to understand how firms are using AI in providing products or services, risk management, capital markets, internal operations, customer service, regulatory compliance, and marketing.

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