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Text of Treasury Department Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector
U.S. Department of the Treasury Link to more items from this source
[Official Guidance]
June 10, 2024

"Treasury is interested in gathering information from a broad set of stakeholders in the financial services ecosystem, including those providing, facilitating, and receiving financial products and services, as well as consumer and small business advocates, academics, nonprofits, and others.... Through this RFI, Treasury seeks to increase its understanding of how AI is being used within the financial services sector and the opportunities and risks presented by developments and applications of AI within the sector ... Treasury is interested in gaining insights into the uses of AI by financial institutions, including but not limited to ... [1] Provision of products and services ... [2] Risk management ... [3] Capital markets ... [4] Internal operations ... [5] Customer service ... [6] Regulatory compliance ... [7] Marketing."

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