The Fintech Times
JULY 4, 2025
In addition to a focus on partnerships and their role in advancing underserved communities, the AFC also highlights that without consistent and clear oversight, community banks could be plagued by disproportionate compliance burdens.
The Fintech Times
AUGUST 14, 2024
In June, the Treasury Department issued a request for information on the use of AI in financial services. The American Fintech Council , the industry association representing responsible fintech firms and banks, has recommended a number of measures to develop a pragmatic regulatory framework for AI to the Department of the Treasury.
PYMNTS
AUGUST 4, 2016
The White released a formal request for information on the practical applications and potential risks of AI in June. And we believe that AI systems will improve access to critical services for underserved populations. Overall, we anticipate widespread improvements in quality of life.”.
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