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Enhancing Banking Governance with Explainable AI

Enhancing Banking Governance with Explainable AI

Secure. Automate. – The FluxForce Podcast
• 6 min
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This podcast explores the vital role of Explainable AI (XAI) in improving model governance within the banking sector. As banks increasingly rely on automated decision-making for loans, fraud detection, and compliance, the need for transparency becomes paramount. XAI not only clarifies decision-making processes but also aids in meeting regulatory requirements, mitigating bias, and fostering trust in automated systems. Discover how integrating XAI can transform governance from reactive to proactive, ensuring fair and accountable banking practices.