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What Does Trustworthy AI Look Like for Financial Services?

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Manage episode 484207715 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

AI is racing ahead, but many financial services firms are struggling to keep up, while facing concerns around data breaches, legal issues, and trust concerns.. Deloitte’s AI at a Crossroads report found that 57% of firms reported a rise in AI-related incidents in just the past year, yet only 13% are considered truly “ready” for trustworthy AI governance.

So how do we build confidence in AI without slowing down? In this conversation, we speak with Dr Justin Ong, Financial Services Industry Leader at Deloitte Malaysia, about what good governance looks like, why trust matters more than ever, and how to prepare before things go wrong.

See omnystudio.com/listener for privacy information.

  continue reading

3685 episodes

Artwork
iconShare
 
Manage episode 484207715 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

AI is racing ahead, but many financial services firms are struggling to keep up, while facing concerns around data breaches, legal issues, and trust concerns.. Deloitte’s AI at a Crossroads report found that 57% of firms reported a rise in AI-related incidents in just the past year, yet only 13% are considered truly “ready” for trustworthy AI governance.

So how do we build confidence in AI without slowing down? In this conversation, we speak with Dr Justin Ong, Financial Services Industry Leader at Deloitte Malaysia, about what good governance looks like, why trust matters more than ever, and how to prepare before things go wrong.

See omnystudio.com/listener for privacy information.

  continue reading

3685 episodes

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