On June 6, 2025, President Trump issued an Executive Order entitled “Sustaining Select Efforts to Strengthen the Nation’s Cybersecurity and Amending Executive Order 13694 and Executive Order 14144” (the “Order”). The measure...more
7/2/2025
/ Artificial Intelligence ,
Cybersecurity ,
Executive Orders ,
Federal Procurement Systems ,
Foreign Policy ,
National Security ,
NIST ,
OMB ,
Popular ,
Risk Management ,
Software ,
Supply Chain ,
Trump Administration
Artificial intelligence (AI) is increasingly woven into financial services operations, transforming everything from consumer interactions through chatbots and targeted marketing to essential functions like underwriting,...more
6/16/2025
/ Algorithms ,
Artificial Intelligence ,
Business Strategies ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Deregulation ,
Fair Lending ,
FHFA ,
Financial Services Industry ,
New Guidance ,
New Legislation ,
Proposed Legislation ,
Regulatory Oversight ,
Trump Administration ,
UDAAP
On October 16, 2024, the New York State Department of Financial Services (NYDFS or the “Department”) published an industry letter (the “Guidance”) regarding the increased reliance on artificial intelligence (AI) and the...more
10/29/2024
/ Artificial Intelligence ,
Compliance ,
Covered Entities ,
Cybersecurity ,
Deep Fake ,
Financial Services Industry ,
Incident Response Plans ,
New Guidance ,
NYDFS ,
Risk Assessment ,
Risk Management ,
Third-Party Service Provider ,
Training ,
Vendors
On October 30, 2023, President Biden issued an Executive Order (EO) on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. The EO establishes sweeping directives and priorities for federal...more
11/1/2023
/ Artificial Intelligence ,
Biden Administration ,
Civil Rights Act ,
Cybersecurity ,
Department of Health and Human Services (HHS) ,
Executive Orders ,
Federal Procurement Systems ,
Intellectual Property Protection ,
Legislative Agendas ,
National Security ,
NIST ,
Popular ,
Proposed Legislation ,
Public Agencies ,
Regulatory Agenda ,
Semiconductors ,
Technology Sector