BNC Squared: AI and the Dumbest Fight in Banking | Bank Nerd Corner

In this episode of Bank Nerd Corner Squared, Kiah and Alex review some of the major announcements in banks’ favorite new topic — artificial intelligence. There’s news from the core providers and commercial banks, there’s the looming threat of Mythos and there’s some regulatory revisioning of model risk management and what that means for AI. They also chat about tack-on effects, like the lack of, and need for, standard-setting groups and the evolution of the management consulting industry. They move to the other big story in financial services: the never-ending political fight over stablecoin yield. They also do a lightning round of takes on LendingClub’s name change and PayPal’s settlement with the Department of Justice for lending violations on not-loans. --- Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: ⁠https://fintechtakes.com/banking/news... And if you can't get enough of the Bank Nerd Corner Podcast, be sure to check out the YouTube channel for more great content and previous episodes:    / @banknerdcorner   --- Follow Kiah LinkedIn:⁠   / ⁠   Twitter:⁠   / khaslett