Managing explanations: how regulators can address AI explainability
By Bank for International Settlements (BIS)
The increasing adoption of artificial intelligence (AI) by financial institutions is transforming their operations, risk management and customer interactions. Nevertheless, the limited explainability of complex AI models, particularly when used in critical business applications, poses significant challenges and issues for financial institutions and regulators.
- Use cases, geography and tags
- Organizations that created, adopted or are mentioned
- Ecosystem position
- Link to the original asset
- Comments and reactions