Singapore's financial regulator also released an open-source toolkit for FIs to carry out assessment methodologies for FEAT (fairness, ethics, accountability and transparency) principles.
June 27, 2023The Financial AI Data Library allows the reuse of pseudonymous information in a secure environment, which will help fintechs and financial firms save time and cost.
June 24, 2023Bank supervisors express optimism regarding banks' ability to leverage AI-based models in credit evaluation, despite the challenges.
June 20, 2023New Zealand Privacy Commissioner Michael Webster said AI users and developers need to make sure they are compliant with privacy law.
June 18, 2023Fintech firms and solution providers are invited to address 16 problem statements related to AI in the financial services industry.
June 13, 2023INTERPOL warns of a "double-edged crime threat" that exploits victims of human trafficking as well as those forced to perpetrate online fraud.
June 8, 2023Agustín Carstens says supervisors need to continuously seek to improve their capabilities by accessing greater resources and leveraging technology.
June 7, 202313 finalists from fintech, AI and Web3 scaleups will be selected to pitch in person at Hong Kong FinTech Week 2023.
June 5, 2023The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.
June 5, 2023The first-of-its-kind voluntary code of conduct for AI could be drawn up within weeks, said EU official Margrethe Vestager.
June 2, 2023