Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. The House Financial Services Committee’s AI Working Group, established in January by Chairman Patrick McHenry, R-N.C., and...
The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. Small- to medium-sized businesses (SMBs) can gain from faster application times and the convenience of no longer having to visit a physical bank branch with loads of paperwork...
Savor this moment — these coming weeks, the next few months, the year or two that will follow. These are the last moments before artificial intelligence (AI) really starts to have a massive impact on one’s daily life, before the world really turns to AI....
An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information. But there also is great responsibility on the part of those who build and use those models. Visa's Melissa McSherry, global head of credit and data...
June 14, 2019
An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information. But there also is great responsibility on the part of those who build and use those models. Visa's Melissa McSherry, global head of credit and data products, tells Karen Webster about the most vital considerations of AI practitioners. First, do no harm.
October 11, 2024
Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices said during a meeting held Wednesday (Oct. 9). The meeting was convened by the Justice Department’s Civil Rights Division to promote the coordination of AI and civil rights, the department said in […]
