The Treasury Department is seeking public feedback from financial institutions, consumers, academics, advocates and other industry stakeholders on the uses, opportunities and risks posed by artificial intelligence as part of an ongoing agencywide exploration of the technology’s potential.
The request for information, released Thursday, asks for comments on advancements in existing AI tools and on emerging AI technologies that can benefit the financial sector. The RFI has specific callouts for information on the use of AI in financial products and services, risk management, capital markets, internal operations, customer service, marketing and regulatory compliance…
Source: Treasury seeks information on AI uses and risks in the financial sector. By Matt Bracken, June 6, 2024, FedScoop.
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