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CFPB provides analysis of Chatbots and Risks

Published: June 15, 2023

In June, CFPB issued a report summarizing its research into the use of artificial intelligence AI in consumer finance. The Report focused on the shift away from human support to algorithmic support in the banking and consumer finance industry.

Source: natlawreview.com

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Ability To Solve The Consumer ProblemConsumer Financial Protection BureauConsumer FinanceTimely HumanArtificial IntelligenceAi In BankingAi In FinanceInancial Institution ChatbotAnks Using Chatbots Over HumansIme Efficient Chatbots