Supervisors use generative AI to tame ‘chaotic’ data
Officials merge credit databases with unstructured reports to sharpen bank oversight, explains Banco de España ex-deputy
Generative artificial intelligence is being employed by regulators to link credit data with unstructured sources like news reports to help with bank supervision, but experts have cautioned against relying too heavily on the technology.
Margarita Delgado, former deputy governor at the Banco de España, said supervisors are using AI “to put some order amidst the chaos, because the chaos for us is the
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