2 résultats pour « AI risk management »

Generative AI and Its Role in Shaping the Future of Risk Management in the Banking Industry

Date : Tags : , , ,
Generative AI (GAI) is transforming banking risk management, improving fraud detection by 37%, credit risk accuracy by 28%, and regulatory compliance efficiency by 42%. GAI enhances stress testing but faces challenges in privacy, explainability, and skills gaps. Its adoption, led by larger banks, demands holistic strategies for equitable industry impact.
Lire la suite

AI in the Vault: AI Act's Impact on Financial Regulation

Date : Tags : , , , , , , , , , ,
The paper analyzes the EU's Artificial Intelligence Act and its impact on AI regulation in banking and finance. It highlights the Act's potential to enhance governance, address high-risk applications, and the need for better coordination among regulators. Findings suggest challenges remain, including the necessity for adaptive frameworks to ensure ethical AI deployment.
Lire la suite