Amdocs Studios’ Post

AI is making critical decisions in finance—but do you really know how or why it reaches them? From approving loans to detecting fraud, AI is transforming financial services. But with great power comes great responsibility. What happens when AI makes an unfair decision? Or when its outputs are biased, opaque, or even incorrect? Regulatory scrutiny is rising, and trust is on the line. Financial institutions need a clear framework to ensure AI is ethical, explainable, and compliant. In this blog, Harish Kumar discusses key risks, governance models, and how to establish an AI Center of Excellence to drive compliance and accountability. https://lnkd.in/dwHN_N_R #ethicalAI #GenAI #responsibleAI