NEW YORK–(BUSINESS WIRE)–ThetaRay, a global leader in Cognitive AI Financial Crime Compliance and IDB Bank, a New York-based private and commercial bank, have announced a strategic partnership. The collaboration underscores the Bank’s dedication to maintaining the highest standards of regulatory compliance…
XAI: Explainable Artificial Intelligence
Dramatic success in machine learning has led to a torrent of Artificial Intelligence (AI) applications. Continued advances promise to produce autonomous systems that will perceive, learn, decide, and act on their own. However, the effectiveness of these systems is limited by…
Life Sciences AI and Compliance: Trust But Rigorously Verify
Artificial intelligence (AI) continues to upend how businesses operate, and the life sciences field is no exception. Generative AI provides life sciences companies the ability to identify and learn from patterns in large data sets. This use of AI has clear…
Ethical AI Frameworks for Fraud Prevention in Financial Systems
Artificial Intelligence (AI) has transformed financial security by enabling fraud prevention at an unprecedented scale. However, the ethical challenges surrounding AI-driven fraud detection—such as transparency, bias, and data privacy—have necessitated the development of responsible frameworks. Avinash Rahul Gudimetla, specializing in AI…
AI Risk Management: A Comprehensive Guide 101
AI is a game-changer in every sector. AI risk management is a systematic approach to identifying, assessing, and mitigating the risks of AI systems throughout their lifecycle. Companies are evolving approaches to create a systemic culture of data in everything to…
AlgorithmWatch is running a new round of its Algorithmic Accountability reporting fellowship
You can now apply to the fourth round of AlgorithmWatch’s Algorithmic Accountability Reporting Fellowship. Running since January 2023, the program has connected journalists and researchers from across Europe and unveiled new stories about automated discrimination on the continent. Starting in October…
Amazon to job seekers: To ensure a fair and transparent recruitment process, please do not …
Amazon is disqualifying job candidates caught using artificial intelligence tools during interviews, according to internal guidelines obtained by Business Insider. The e-commerce giant cites concerns about “unfair advantage” and inability to evaluate “authentic” skills as reasons for the crackdown.“To ensure a…
Cisco joins Rome Call as AI ethics debate widens
Cisco has joined other technology leaders in the Rome Call for AI Ethics amid widening awareness of the need for ethical principles in artificial intelligence. The Call is a document that was published by the Vatican in February 2020 to push…
Research on AI Policy and Issues in Key Areas in South Korea: Public Sector, Law Enforcement, Education and Social Welfare
Increasingly diverse AI systems are being rapidly implemented across various sectors of society. As a result, several issues are emerging, including AI systems’ instability, opacity, bias, and misuse for surveillance purposes. In South Korea, civil society has raised various concerns surrounding…
Promoting responsible AI standards
AI safety institutes have a vital role to play in bringing together technical, ethical expertise from around the world and develop voluntary, interoperable standards. One of the key benefits of AI in advertising is scale. Mondelez India, for instance, created half…