As AI becomes core banking infrastructure, model governance is shifting from periodic validation to continuous assurance. Who should audit the algorithms?

A new study from King's Business School at King's College London and the Federal Reserve Board shows most credit-limit increases are automated, targeting borrowers already in debt. As shoppers across ...

Algorithms are extremely clever at accurately processing huge quantities of information. But a recent problem with a bank loan is a disturbing look behind the curtain. Last week I applied for a ...

An automated cash transfer program in Jordan developed with significant financing from the World Bank is undermined by errors, discriminatory policies, and stereotypes about poverty. Many people in ...

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