American Banker2d
Fed's Barr: Banks should think through AI liability questions
In a speech Friday, Federal Reserve Gov. Michael Barr said the advent of generative artificial intelligence promises to boost ...
Fed’s Barr Sees Banks Pushed to Adopt AI Faster by Fintech Firms
US Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from ...
Banks, fintechs will likely compete and cooperate in gen-AI innovation, Fed's Barr says
Fintechs have a role to pay in accelerating responsible innovation at banks in the area of generative artificial intelligence ...
National Mortgage News9d
Barr welcomes regulatory rethink but Fed needs to supervise
The Federal Reserve governor said it is healthy to examine the regulatory architecture, but stressed the importance of the ...
Wall Street Journal27d
Undoing Michael Barr’s Damage
Photo: Allison Dinner/Shutterstock/Brandon Bell/Getty Images Michael Barr is no longer the Federal Reserve’s vice chair for supervision, but his regulatory mess lives on. The Trump ...
Cryptopolitan on MSN3d
Fed Governor Michelle Bowman set for the crypto and industry committee
The US Senate Banking Committee will conduct a confirmation hearing next Thursday, where it will question Federal Reserve ...
Fed’s Barr discusses AI and fintech role in banking
Barr mentioned that fintech companies are well-positioned to integrate Gen AI into their products and services. Banks, possessing valuable customer behavior data, can optimize Gen AI models. He argued ...