AI Governance for Financial Services. Turning Regulatory Risk into Operational Control.
AI is transforming lending, fraud detection, and underwriting, but it also introduces new forms of risk that traditional IT controls cannot address. This article breaks down the key AI risks facing financial institutions, including algorithmic bias, black-box decisioning, and model drift, and explains how governance, explainable AI, and continuous oversight can turn AI into a compliant and trustworthy business asset.