March 14, 2025

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CFPB Outlines Strict Approach to AI Use in Financial Services

  • August 13, 2024

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for new technologies. In am Aug. 12 comment letter to Treasury Secretary Janet Yellen, the CFPB outlined its approach to regulating AI and other emerging technologies

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Finance

GenZ May Make Buying Insurance From a Financial Institution Cool

  • June 6, 2024

Most consumers get their insurance from various providers, but data shows that consumers want to simplify the process. PYMNTS Intelligence finds that 44% of all consumers would turn to their financial institutions (FIs) for these needs. Younger consumers are particularly keen on shopping for these services from a FI. For example, Generation Z consumers are

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