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Responsible AI is about payoffs as much as principles

How one firm cut loan processing times and improved fraud detection without compromising on governance

A figure acting like a balancing scale is standing next to an AI micro chip

A large US-based financial institution was excited about the potential of artificial intelligence to improve its operations – and deeply worried about the risks. So it began the journey not with technology but with governance. Specifically, it embraced the principles of responsible AI (RAI), including accuracy, fairness, safety, accountability, security and continuous monitoring.

With RAI-based

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