Skip to main content
  • Fraud

Explainable AI in Consumer Banking

Nicholas Kiritz, Aaron Johnson, C. Erik Larson

Share

Introduction

Financial services firms are investing heavily in artificial intelligence (AI) and machine learning (ML) technology to automate back-office tasks and offer differentiated services. 1 However, even the largest financial institutions that have moved most quickly are sometimes hesitant to use AI models in areas that directly touch consumer underwriting, privacy, and consumer protection. An…

About the Authors
Nicholas Kiritz
Director and Lead Expert for Model Risk Management, Promontory
Aaron Johnson
Director, Promontory
C. Erik Larson
Managing Director and Global Head for Quantitative Methodologies and Analytics, Promontory
Related Articles
Thinking Outside the Checkbox: Optimizing Compliance for a Complex Environment
Thinking Outside the Checkbox: Optimizing Compliance for a Complex Environment
  • Compliance & Regulation
Inflation Readings: Are There Other Informative Cuts of the Data?
Inflation Readings: Are There Other Informative Cuts of the Data?
  • Economy & Markets
Effective Validation of Existing Real Estate Appraisals
Effective Validation of Existing Real Estate Appraisals
  • Risk

Login to View This Content

 

Become a member to unlock exclusive content, connect with industry experts, and gain access to valuable resources. If your employer is an institutional member, activate your ProSight membership benefits with a simple email address.