Preventing Deep Fake Scams Act establishes a task force to study artificial intelligence in financial services.
The Preventing Deep Fake Scams Act establishes a Task Force on Artificial Intelligence in the Financial Services Sector. The task force will study how artificial intelligence is used in the financial services sector, its benefits and threats, and how it can be exploited for fraud. The task force will consult with industry and expert stakeholders and submit a report to Congress within one year.
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