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Australian regulator to review banking sector AI use and customer impacts

The regulator said the review will examine new AI use cases and customer protections as banks adopt automation in lending and decisions.

SYDNEY, Sept 30 : Australia's corporate regulator said on Wednesday it would formally review the country's banking sector's usage of AI in dealing with customers.The Australian Securities and Investments Commission (ASIC) warned in May the banks should take urgent ‌action on tackling potential cyber risks f

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Australian regulator to review banking sector AI use and customer impacts

·London, United Kingdom
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PressNewsAgency broke the news on Tuesday, September 29, 2026.
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