Learn how banks can implement AI responsibly with ethical principles, data governance, collaboration, and continuous monitoring.
Many banks are under growing pressure to adopt Intelligent Automation and AI solutions for improved efficiency and customer service. However, without a strong ethical framework, these technologies can introduce data privacy vulnerabilities, algorithmic bias, and lack of transparency, ultimately eroding customer trust, attracting regulatory scrutiny, and damaging brand reputation.
To responsibly implement AI in banking, institutions should embed ethical principles - including fairness, accountability, and transparency - throughout the entire lifecycle of AI projects. Involving: Robust Data Governance (ensuring data privacy and security, as well as regular bias audits), Cross-functional Collaboration (compliance, legal, IT, and risk teams working in tandem), Phased Deployment (running pilot programs and refining models before scaling), and Continuous Monitoring (ongoing oversight, explainability measures, and stakeholder feedback). By proactively addressing these elements, banks can strengthen their reputations, maintain regulatory compliance, and deliver reliable, customer-centric services powered by AI.
Learning Objectives
- You will be able to identify core use cases of IA and AI banking.
- You will be able to explain the benefits to banking institutions of using AI.
- You will be able to review the challenges and risks of using AI.
- You will be able to discuss future trends in AI banking.
Agenda
Speakers
David Hatami, Ed.D,
EduPolicy.ai/ScholarBar Education LLC- Managing Director of EduPolicy.ai/ScholarBar Education LLC
- Educational Consultant and expert in online education
- Expansive 23 year career traverses the realms of artificial intelligence, teaching, advising, student management, higher education administration, online education, pedagogy, and curriculum development
- Extensive experience engaging with key players in both academic and corporate circles
- M.A Degree, English Literature; M.Ed. degree, Higher Education Administration and Leadership; Ed.D degree, (anticipated late 2024) also in Higher Education Administration and Leadership
Who Should Attend
This live webinar is designed for presidents, vice presidents, branch managers, loan officers, compliance officers, loan department personnel, accountants, controllers, CFOs, and credit and collection managers.
