Global Regulators Move to Police AI in Banking: “Black Box Algorithms” Face Crackdown

Global financial watchdogs including the FSB and BIS are launching an international framework to monitor how banks and hedge funds use artificial intelligence. The move aims to prevent systemic risks from opaque “black box” algorithms driving trading, lending, and credit decisions without human oversight.Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.aiAI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferJoin my AI Hustle Community: https://www.skool.com/aihustleTo recommend a guest email: guests(@)podcaststudio.com