What Do the Regulators Mean? A Taxonomy of Regulatory Principles for the Use of AI in Financial Services

The intended automation in the financial industry creates a proper area for artificial intelligence usage. However, complex and high regulatory standards and rapid technological developments pose significant challenges in developing and deploying AI-based services in the finance industry. The regula...

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Bibliographic Details
Main Authors: Mustafa Pamuk, Matthias Schumann, Robert C. Nickerson
Format: Article
Language:English
Published: MDPI AG 2024-01-01
Series:Machine Learning and Knowledge Extraction
Subjects:
Online Access:https://www.mdpi.com/2504-4990/6/1/8