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Generative AI

Licensees warned to be cautious of generative AI

The continued rise in the use of AI can be problematic for legitimate businesses, as consumers become more sceptical of financial services and products. Australian financial services (“AFS”) and credit licensees can take proactive steps to: assure customers of their legitimacy, and respond and protect themselves from the risk of evolving scams. A… Unlock this article and more helpful resources by signing up for our Subscription Portal.​ Sign up to access a free trial of our Regulatory Updates Subscription Plan or login to your account below. Username or E-mail Password Remember Me     Forgot Password