Exclusive: U.S. bank regulators ramp up scrutiny of AI use at financial companies - Reuters

<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxOR3pVUi0zQTJkVzRYRlFXY2tjdTExalR4UGxNZ2ZBOVRrYkg4eGdDajZmTzdLdUdNRHpKSDhmOUUtcTVrMjBSZGN4OUdSLUpiT0lnLWY3QWNsWmNkdWJ6bWtEcTNOX2dRNXdWM3BfblEyQlgxTUJsUURPaHRBeWFrTk02eDVGVzJuZTNFVUJDR0pycVgzbGpiLUpaMk1DR200Z2N3WGVYZHVxU0tKX2ttUlRVZERJdw?oc=5" target="_blank">Exclusive: U.S. bank regulators ramp up scrutiny of AI use at financial companies</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

U.S. banking regulators are intensifying oversight of how lenders deploy artificial intelligence, focusing on areas such as data access, governance controls, and risks from third-party vendors.

U.S. banking regulators are increasing oversight over AI use in the financial services sector, with agencies like the Office of the Comptroller of the Currency and the Federal Reserve seeking detailed information from banks on their AI applications.

Banking regulators have begun asking banks about their use of artificial intelligence during routine bank examinations, focusing on areas such as data access, governance controls, and risks from third-party providers.