September 10, 2024

How Banks Can Prepare For AI Governance While Scaling GenAI Adoption

AI Featured, AI Governance, AI Risk, News

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Banks stand for the operational resiliency of the economy. Traditionally, banks follow robust risk management practices.
However, GenAI adoption presents a double-edged sword, hence why there is growing unrest among regulators to ensure responsible AI that emphasizes human centricity, social responsibility and sustainability.

PwC alerts about a risk management gap related to AI – CIO News

RegulatingAI, a non-profit organization, is dedicated to establishing a platform for grassroots advocacy concerning artificial intelligence (AI) regulation. We serve as a bridge connecting AI experts, researchers, corporations, NGOs, academicians, students, and enthusiasts. RegulatingAI is committed to harnessing the power of shared knowledge to construct a responsible and ethical AI ecosystem.