JESÚS LOZANO BELIO | Senior Manager, Digital Regulation, Regulation and Internal Control, BBVA

The rapid advancement of artificial intelligence has facilitated the automation of previously challenging tasks. This article
explores the opportunities and benefits associated with AI adoption, specifically within the banking sector. It examines how banks are currently utilizing AI, the challenges they face in implementing AI systems, and the role of regulators in supporting AI adoption. Additionally, as the article has been written with the help of some AI tools, it serves as a practical demonstration of AI’s applicability in research and information dissemination. While AI demonstrates proficiency in these areas, it is important to note that human expertise and supervision remain essential due to inherent limitations of the technology.