Check out the full episode located below the show notes.
As artificial intelligence (AI) becomes more and more prevalent within the financial services industry, one should question how reliable or ethical is the data that drives the AI? Afterall, it's now well known that AI can be biased -- especially gender biased in the lending arena. And, again, it all starts with the data.
To dive a little deeper, we invited OneSpan Research Scientist Ismini Psychoula, PhD. Ismini shared her insights on the ethicality of AI. Should organizations be able to use digital identity or social media to make judgments on a member's spending and the likelihood to repay debts.
She also shared the connection between ethics and artificial intelligence -- and how it can affect financial services today.
Lastly, Ismini talks about how far can a financial institution go down the path of researching consumers -- especially those applying for loans.
Fascinating conversation with Ismini and quite the education, too. Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.