NCUA launches AI resource webpage

Facing rapidly developing innovations in Artificial Intelligence (AI), credit unions have a new resource to help. The NCUA’s newly launched webpage provides AI-related resources to assist  credit unions as they adopt AI technology while also evaluating AI-related challenges.

Resources include AI-specific risk management considerations to help credit unions make informed decisions when implementing AI or partnering with AI service providers. They address key areas including:

  • AI implementation;
  • Risk management;
  • Data security;
  • Use cases; and
  • Cybersecurity risks.

Whether a credit union is beginning to explore AI solutions or seeks to enhance existing AI risk management practices, the AI resources page offers a variety of information and resources.  

America’s Credit Unions supports the ability of credit unions to use AI to serve members, and recently outlined principles policymakers should consider to allow continued credit union innovation.