AI in Financial Services: Balancing Innovation, Third-Party Risk Management, and Regulatory Scrutiny

AI in Financial Services: Balancing Innovation, Third-Party Risk Management, and Regulatory Scrutiny

The integration of artificial intelligence (AI) in the financial services sector presents both transformative opportunities and significant challenges. As financial institutions increasingly evaluate AI technologies, it is crucial to ensure these innovations comply...
Embracing AI: A Quick Start Guide for Community Financial Institutions

Embracing AI: A Quick Start Guide for Community Financial Institutions

Recently, I had the privilege of speaking to a group of bankers at the ICBA Live conference. When I asked who was using AI, only a few hands went up. Then I asked how many had policies forbidding AI usage, and several more hands were raised. This brought us to an...
ChatGPT and AI in Banking

ChatGPT and AI in Banking

Recently, I’ve been getting many questions on ChatGPT and Artificial Intelligence in Community Banking. Should you implement it? Shouldn’t you? What are the risks? What’s my opinion on this hot topic?? One thing anyone who knows me can tell you, I am an expert in my...
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