Recently, the OCC released a notice soliciting academic research papers on the use of AI in banking and finance for submission by December 15. The OCC is interested in topics such as addressing potential bias and disparate impacts from AI and machine learning in lending, the regulatory landscape of AI, the impacts of algorithmic underwriting and appraising, and the AI risks in perpetrating fraud, algorithmic bias and misinformation. Selected authors will present their papers to OCC staff and other researchers at the OCC’s headquarters in Washington, D.C., on June 6, 2025. Researchers interested in acting as discussants can submit their papers and those selected will be notified by April 1, 2025. The initiative aims to gather original, unpublished research to address critical issues in the application and use of AI in the financial sector.
