On Demand Course

AI & Electronic Banking: What are the Rules and Regulations

Confidently manage AI risks in electronic banking compliance.

Learning Objectives

After attending this course, you will be able to:

  • Identify high-value applications of AI in banking and electronic payments and explain why AI has raised the stakes for risk management as payments have accelerated through rails such as RTP and FedNow
  • Recognize the key federal regulatory and policy developments shaping AI oversight in financial services
  • Describe the core regulatory expectations for AI risk management under model risk management guidance, the OCC's risk-based
    approach to AI, and the Govern function of the NIST AI Risk Management Framework
  • Explain how institutions operationalize AI oversight through the Map, Measure, and Manage functions of the NIST AI Risk Management Framework, third-party risk management, human oversight, and a practical AI governance action plan
Kevin Olsen 1.8 CPE/ NASBA 1 HR
Included with Team Membership

About This Course

Artificial intelligence is already embedded in electronic banking. From fraud detection and ACH risk scoring to RTP® decisioning, underwriting, sanctions screening, and customer engagement, AI is compressing decision windows and raising the regulatory stakes. This course cuts through the noise and focuses on what actually governs AI use inside financial institutions. We will examine how existing regulatory frameworks apply to AI in electronic banking, including model risk management expectations, consumer protection requirements, BSA/AML obligations, third-party risk oversight, and fair lending considerations. We will also provide an overview of how agencies such as the FDIC, OCC, Federal Reserve, and NCUA are approaching AI supervision.

Topics covered in this course

  • AI Applications in Electronic Banking
  • Regulatory Expectations and Supervisory Focus
  • Model Risk, BSA/AML, and Consumer Protection
  • Third-Party and Fair Lending Considerations

Your Instructor

Kevin Olsen
Kevin Olsen

Kevin Olsen is a certified AAP (Accredited ACH Professional), APRP (Accredited Payments Risk Professional), NCP (National Check Professional), as well as a certified NCP Instructor with additional computer network, database, and security settings. Over the past couple decades, Kevin has been involved with product creation, design, implementation, education, and consulting for multiple platforms within remote deposit capture, ACH, and faster payments. Kevin has worked with financial institutions of all sizes in multiple countries to create products services, departments, systems, teams, and results that help financial institutions become more productive, compliant, and secure.

CPE & Accreditation

This course qualifies for 1.8 CPE/ NASBA. Your certificate and transcript are available immediately upon completion.

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CPE/NASBA - QAS Self Study

Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539.

Please note: You must attend at least 50 minutes to obtain credit. Final CPE approval belongs with each state's regulatory board. Credit is based on a 50-minute credit hour.

For more detailed information about the course, including the outline, content, and objectives, please refer to the 'Description' tab on this webpage.

Field Of Study: Specialized Knowledge
Prerequisite: Basic knowledge of the banking industry, business, or law
Level of Knowledge: Intermediate
Advanced Preparation: None
Delivery Method: QAS Self Study

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

Training your team?

This course is covered under team memberships.

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Buying for yourself?
$ 199
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 199
per attendee