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Regulators step up oversight of artificial intelligence use in banks

Banking supervisors in the United States and Europe are intensifying their scrutiny of the use of artificial intelligence in the financial sector, amid concerns that the rapid development of the technology could amplify cyber risks and cause major disruptions in international financial markets, according to Reuters, citing six people familiar with the discussions.

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Regulators step up oversight of artificial intelligence use in banks

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Ziarul Bursa
https://a2zai.ai/bytes/regulators-step-up-oversight-of-artificial-inte...
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