ANBC highlights key role of AI for credit sustainability at the FELABAN Assembly in Miami

Event promotes discussion on the responsible use of AI in the financial sector

MIAMI, Oct. 29, 2025 /PRNewswire/ - The National Association of Credit Unions (ANBC), from Brazil, will be present at the Asamblea de la Federación Latinoamericana de Bancos (FELABAN), which will be held from October 31 to November 3 in Miami. Elias Sfeir, president of ANBC, will be one of the panelists in the debate “The double-edged sword: benefits and risks of AI”, on November 1st.

The panel will bring together global leaders such as Samuel Beck, from J.P. Morgan; Tom Zachach; and Susana Sierra, from BH Compliance. The aim is to analyze the impacts of artificial intelligence on the financial ecosystem, with a focus on risk management, data protection, automated decisions and regulation. “AI has expanded the analytical capacity of credit models, while demanding a change in operating culture, governance, transparency and accountability. Innovation must advance alongside data protection and financial inclusion”, Sfeir emphasizes.

In credit bureaus, the use of AI contributes to process efficiency, with significant gains in data updating and fraud prevention. For more than two decades, the industry has been using machine learning algorithms to analyze risk and credit behavior. Data from the Brazilian Federation of Banks (Febraban) indicate that 74% of institutions identify cost reductions and increased efficiency with AI. In addition, 63% report improvements in fraud prevention. In Latin America, AI is emerging as a strategic ally to reduce operating costs and enable customized solutions.

The Brazilian entity is closely following developments in the global regulatory landscape. The recent approval of the AI Law by the European Union established pioneering guidelines for the ethical and safe use of technology. “The development of a balanced legal framework is essential to guarantee the application of AI in credit. ANBC advocates an approach that fosters innovation, respects consumer rights and strengthens trust and financial inclusion”, concludes Sfeir.

Organized by FELABAN and FIBA (Financial & International Business Association), the meeting brings together regional leaders and experts to discuss the main economic, technological and regulatory issues impacting Latin American financial development.