AI and Banking Supervision
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Tom Bilston and Tony Murray discuss how banks use machine learning, chat bots and other forms of AI as well as what these technological innovations mean for bank examiners, both in terms of the risks they monitor and how they do their job. Bilston is Assistant Vice President and Horizontal Team Lead, LISCC Program, Capital Retail Credit; and Murray is SRC Strategy, Risk and Innovation Team Lead at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2023/speaking_2023_10_25_ai_banking
AI and Banking Supervision