The Treasury Department released a request for information on the uses, opportunities, and risks of artificial intelligence (AI) in the financial services sector. The Treasury is seeking public comment on the uses of AI in the financial services sector and the opportunities and risks presented by developments and applications of AI within the sector. In …
America’s Credit Unions Monday sent a survey to member credit unions to gather information on how fintechs and alternative data are used to guide credit underwriting activities. Additionally, the survey seeks to understand how credit unions evaluate the risks and benefits of alternative underwriting. The CFPB has expressed concerns with the risks artificial intelligence poses …
There are four information-packed America’s Credit Unions conferences slated for this summer. Here’s a breakdown of each event: View the full 2024 America’s Credit Unions conference lineup.