2024-03-05 17:03:14.AIbase.6.3k
The Application of Generative Artificial Intelligence in ECB Regulation
The European Central Bank is leveraging generative artificial intelligence technology to enhance banking regulation. Gen AI technology facilitates regulatory staff in managing their oversight tasks more efficiently. The ECB has developed multiple applications and platform services for over 3,500 users. Gen AI is beginning to flourish in the European financial services sector.