Financial service sources, vendors see regulatory backing for artificial intelligence in cyber roles

NEW YORK CITY. Financial-sector sources and their vendors of artificial intelligence products say regulators are showing flexibility and interest as firms eye advanced technologies for use in cybersecurity and regulatory compliance roles.

At the same time, these industry voices are stressing the need for greater harmonization and streamlining of regulations in order to promote innovation and effective risk management. The Treasury Department is leading a broad regulatory review that’s likely to address cybersecurity rules in some fashion, while the Office...