CFPB Director Highlights Benefits of AI to Expand Credit Access

• “The Consumer Financial Protection Bureau wants to spur innovation in the use of artificial intelligence and machine learning in financial services, CFPB Director Kathleen Kraninger said today.

• ‘uncertainty about how AI fits into these different regulatory frameworks may be hindering adoption of this technology, especially for credit underwriting.'”

https://bankingjournal.aba.com/2019/11/cfpb-director-highlights-benefits-of-ai-to-expand-credit-access/

Kathleen Kraninger

Director

Consumer Financial Protection Bureau

http://linkedin.com/in/kathy-kraninger-aa8a116