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Treasury releases new resources for AI use in the financial sector

Treasury releases new resources for AI use in the financial sector

Federal Newscast · Federal News Network | Hubbard Radio

February 23, 20266m 41s

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Show Notes

The Treasury Department is highlighting best practices for using artificial intelligence within the financial sector. They include an artificial intelligence lexicon and a financial services AI risk management framework. The resources were developed by the Artificial Intelligence Executive Oversight Group, a Treasury-led partnership between financial institutions and regulators. The voluntary guidelines come as financial institutions increasingly rely on A-I to support decision-making, customer engagement, and operational functions. 

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