Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance......