Banks of all sizes must confront the rapid integration of artificial intelligence within their institutions (and everywhere, for that matter). AI tools are already widely used, often without proper oversight, as employees and...more
5/15/2025
/ Algorithms ,
Artificial Intelligence ,
Banks ,
Competition ,
Data Privacy ,
Ethical Standards ,
Financial Institutions ,
FinTech ,
Gramm-Leach-Blilely Act ,
Regulatory Requirements ,
Risk Management
Automated loan software can be effective for documenting consumer loans and some basic low-value commercial loans. However, most commercial transactions require greater attention on the front end than simple form generation....more
Banks own and operate a Real estate contractsurprising amount of real estate for their branches and offices. There were over 77,500 bank branches in America as of the end of 2023. By comparison, McDonalds has about 13,000...more
Since early 2023, there has been consistent reporting of possible turbulence and increased default risk relating to commercial real estate loans. These concerns are driven by historic levels of maturing debt, which is in many...more