Treasury releases new resources for AI use in the financial sector

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. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.