Author: Pedro Saleiro
Publisher: Feedzai
Publication Year: 2020
Summary: The following document discusses how recent events pushed organizations and individuals to push back against biases in financial institutes. In the digital age, however, it is not sufficient to address biases caused by humans but should also look into artificial intelligence. The author suggests 4 key takeaways for financial institutes in order to prevent bias in their algorithms: 1). Understand AI bias, 2). Know that withholding information will not work, 3). Continuous monitoring, and 4). Build ethical AI systems.
