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U.S. Treasury Identifies Cybersecurity Risks and Challenges of AI in Financial Services

According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges. read more

FDATA Requests Digital Records be Allowed for Paycheck Protection Program

FDATA requested that borrowers and lenders be able to use digital financial records to qualify for the Paycheck Protection Program established by Congress as part of the COVID-19 stimulus package. read more

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