COVID-19 | Official online Resource and News Portal. For more information, visit www.sacoronavirus.co.za

Governing Artificial Intelligence in Banking

AI is changing the face of the banking industry. How can banks meet the governance challenges and take advantage of this game-changing technology? To answer this crucial question, the Economist Intelligence Unit (EIU) and Temenos have produced this new report, Overseeing AI: Governing Artificial Intelligence in Banking

Key findings in the report include:

  • 77% of banking leaders believe AI will define winning from losing banks
  • COVID-19 will intensify the use of AI. This makes effective governance more urgent
  • “Black box” risk and lack of human oversight are key concerns surrounding the use of AI in banking. This makes ethical, fair and well-documented AI-based decisions vital.
Sarah Corley
Sarah is Deputy Director at DFI and is responsible for developing the DFS profession and providing opportunities for capacity building outside of our online course provision. She has over 20 years of experience within the learning and capacity development within the development and health sector, and is passionate about being a catalyst for change.

Leave a Reply