Accenture was recognised for its collaboration with regulators and industry practitioners to shape the Responsible AI journey for Singapore
November 14, 2023Accenture's Irene Liu and team discuss the use of NLP technology within compliance functions, as well as the adoption challenges and how to address them.
October 27, 2022A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022Singapore has pledged an additional S$180mn in additional AI research funding to enhance the financial sector's AI capabilities.
November 9, 2021MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021The first phase of Veritas resulted in the development of a fairness assessment methodology based on the FEAT principles for two use cases.
January 7, 2021UOB and Element AI will develop fairness metrics for credit risk scoring; HSBC, IAG Firemark Labs and Gradient Institute will develop fairness metrics for customer marketing.
May 28, 2020The new 'Veritas' framework aims to improve internal governance among financial institutions around their solutions driven by artificial intelligence and data analytics.
November 13, 2019