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Posts from March 2026.
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A businessman using a smartphone and laptop, with an overlay graphic showing an AI-powered financial transaction cycle between a bank/institution icon and a dollar/cash icon

Introduction

The State of Michigan’s Department of Insurance and Financial Services (“DIFS”) has issued Bulletin 2026-03-BT/CF/CU, titled Use of Artificial Intelligence Systems by Financial Service Providers (the “Bulletin”).

The 10-page Bulletin reminds financial service providers regulated by DIFS that if analytical and computational technologies, including artificial intelligence (“AI”) systems, are used to make decisions that may impact consumers, such actions must comply with all applicable laws, rules, and regulations. Among other topics, the ...

Categories: Artificial Intelligence (AI), Digital Assets, Technology

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