Understanding Responsible AI:A Primer for Financial Institutions

Almost any action a person takes in today’s world – getting paid, grabbing food, ordering a rideshare, or buying a home – involves a bank or financial institution. Banks play a critical role in humans’ ability to thrive and function in society. For this reason, we must remove bias in banking to reduce the cost that algorithmic bias takes on human beings.

But how can banks and FIs prevent and detect fraud and financial crime while simultaneously mitigating AI bias? Download our new eBook, Understanding Responsible AI: A Primer for Financial Institutions to understand:

  • What Responsible AI is – and the seven underlying principles that guide it;
  • How AI bias creeps into a bank’s decision-making systems;
  • What AI observability is and why it’s critical for FIs once they’ve implemented responsible AI.

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