On October 7, 2024, the OCC announced that it is soliciting academic research papers on the use of artificial intelligence (AI) in banking and finance. The deadline to submit paper is December 15, 2024.
In particular, the OCC is interested in topics related to:
Addressing potential bias and the disparate impacts from the use of AI and machine learning (ML) in lending;
The regulatory landscape of AI/ML;
The impacts of algorithmic underwriting and appraising;
Use of AI to understand consumer financial behavior and decision-making, and the
implications of the use of AI in these settings;
Addressing the potential risks that AI poses to financial stability;
Use of AI/ML for fraud detection, prevention, and operational enhancement processes;
The risks of AI/ML in perpetrating fraud, algorithmic bias, and misinformation; and
Developing trustworthy AI and alignment frameworks.
The OCC will invite authors of selected papers to present to OCC staff and academic and government researchers at the OCC’s headquarters in Washington, D.C., on June 6, 2025. Interested researchers are invited to submit papers to EconomicsSymposium@occ.treas.gov.
Read the OCC’s press release here.
The Call for Paper is found here.