There is a growing realization that data analysis, devoid of psychological and behavioral analysis, might not be as effective as hoped or intended.
Artificial Intelligence
Posted inBoards & Shareholders
IBE produces AI guidance for boards
The U.K. Institute of Business Ethics is offering a new guide for companies faced with the ethical challenges of artificial intelligence.
Posted inEurope
‘Context’ matters in AI decision making, says ICO
Transparency for all AI-generated decisions is not as important as context, according to new research from U.K. data regulator the Information Commissioner’s Office.
Posted inArtificial Intelligence
Kryon, Proservartner partner on AI
Robotic process automation (RPA) company Kryon announced a partnership with international consulting firm Proservartner designed to enable customers to implement strategies that leverage RPA and artificial intelligence.
Posted inTechnology
Regulators give nod to AI, emerging tech for AML programs
Federal bank regulators are encouraging banks to use artificial intelligence and other emerging technologies to bolster their AML compliance programs. In doing so, new guidance addresses an evolving liability and enforcement posture.
Posted inEurope
Regulators raise problem of AI in decision making and accountability
Are companies transferring too much decision-making power to machines? That’s the opinion of EU data regulators, who say companies should “think seriously” about telling investors and stakeholders automatons are now in charge of their data.
Posted inAccounting & Auditing
As artificial intelligence rises, let’s not forget about human intelligence
Will technology eventually replace people in the compliance space? Not anytime soon, say experts, who believe human analysis—and accountability—will never go away.
Posted inRisk Management
Risk assessments, paired with emerging technologies, can supercharge compliance
There are plenty of technological solutions to consider as part of a modern compliance program. The data you collect, however, and implementation strategies, are just as important as the tools you choose.
Posted inArtificial Intelligence, Technology
White House throwing support behind AI
At a day-long summit convened by the White House last week, tech industry leaders were promised support funding and outreach regarding the development and implementation of artificial intelligence.
