AI in Banking: Revolutionizing or Risky?

AI is a frequent topic of conversation but what do we really mean when we say artificial intelligence? How are banks and financial institutions already using AI, and what are the benefits and potential pitfalls?In this episode of Issues of Interest, BNN's Information Systems and Risk Assurance practice lead, Pat Morin, sits down with Krystal Martin, senior manager at BNN, and Ryan Robinson, senior director at Mainstay Technology to talk about what AI is and its potential to revolutionize tasks like credit analysis and fraud detection. They also discuss potential risks and why cybersecurity is more important than ever. Tune in to learn more about how institutions can balance leveraging AI's benefits with safeguarding against its threats.Connect with Pat Morin on LinkedIn: https://www.linkedin.com/in/patrickamorin/  or via email at [email protected] Find Ryan Robinson on LinkedIn: https://www.linkedin.com/in/ryancolerobinson/ or via email [email protected] Technologies: https://www.mstech.com/Connect with Krystal Martin on LinkedIn: https://www.linkedin.com/in/krystal-martin-14296143/ or via email at [email protected] I Be Using A.I. Right Now?, The Ezra Klein Show https://www.nytimes.com/2024/04/02/opinion/ezra-klein-podcast-ethan-mollick.htmlCISA New Best Practices Guide for Securing AI Data Released https://www.cisa.gov/news-events/alerts/2025/05/22/new-best-practices-guide-securing-ai-data-released