How Andrew Yang thinks AI could cause a "total erosion" of the truth

AI could cause a 'total erosion of truth': Andrew Yang. The former presidential candidate shared his worst-case scenarios for artificial intelligence, as well as his opinions about bank chatbots and what he thinks of the U.S. political system, at American Banker's Digital Banking Conference.

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ConnectOne CEO says banks well-prepared for rough ride in 2023: Loan demand slowed, deposit costs jumped and credit quality became vulnerable, but veteran banker Frank Sorrentino sees more positives than negatives for community banks, particularly when interest rates level off.

Atlanta Fed president owns up to more errors in financial disclosure: All 12 regional Federal Reserve banks released financial information from their presidents on Thursday, including new errors that Federal Reserve Bank of Atlanta president Rafael Bostic acknowledged. Such disclosures have taken on increased significance after a slew of scandals in recent years.

NFL is latest sports league to borrow from minority banks, CDFIs: The pro football league plans to borrow up to $78 million over the next three years from 16 financial institutions, most of which are Black-owned or Black-led. It follows the lead of Major League Soccer, which announced a similar plan last year.

Mid-Southern Bancorp investors support a potential sale: J. David Rosenberg, a shareholder in the Salem, Indiana-based company, proposed the initiative after he became frustrated with the bank's financial performance.