

Are Banks Really Ready for AI?
Jun 4, 2025
Kiah Haslett, banking and fintech editor for Bank Director and FinXTech, dives into how major banks and community lenders are adapting to AI. She discusses the necessity of employee training and a robust data strategy for effective AI integration. Insightful commentary reveals why community banks must evolve to meet customer expectations for financial guidance. Kiah also addresses regulatory changes surrounding reputation risk and the implications for banks managing public perception, especially in innovative sectors like cryptocurrency.
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Episode notes
Complexity of Reputation Risk
- Reputation risk is real but challenging for regulators to supervise effectively.
- Banks should decide their acceptable reputational risks while focusing on material financial risks.
Typing Learned Through Video Games
- Rob Blackwell shared a personal story about learning to type using a video game in sixth grade.
- This early tech skill helped him surpass peers and is still valuable today.
Build AI Familiarity to Reduce Fear
- Familiarity and comfort with AI reduce its perceived scary nature.
- Organizations should educate employees to build confidence in using AI tools.