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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Credit Decisions. Textual analysis.

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Betting the Bank on Your IT Experts

Jack Henry

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state. I would be remiss to discuss outsourcing today without mentioning vendor management.

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Disruptive technology will not kill banks

Jeff For Banks

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. The branch is king, and if you don''t have one in a market, you will not succeed there. Was Vanguard a disruptor? But wait, ING Direct grew to $92 billion in assets until ING Group divested it to Capital One.