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Treasury Department Targets Regulatory Friction to Scale Bank AI Adoption

pymnts.comยท7 days ago

The Treasury Department is actively working to reduce regulatory barriers that might slow AI adoption in banking, organizing industry roundtables to explore AI use cases in financial services. This represents government facilitation of AI integration into critical financial infrastructure without clear emphasis on safety guardrails, potentially accelerating AI deployment in systems that handle sensitive financial data and could impact economic stability.

bankingfinancial servicesregulatory capturegovernment policysystemic riskTreasury Department

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