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Microsoft Perspective on Responsible AI in FSI

Published by Microsoft

The document discusses Microsoft's perspective on implementing responsible AI in financial services. It highlights the transformative potential of AI in areas like credit scoring, fraud detection, and regulatory compliance while emphasizing the need for ethical deployment. The paper outlines six key principles—fairness, reliability, privacy, inclusiveness, transparency, and accountability—that financial institutions should follow when using AI to ensure that its benefits are realized without compromising security or fairness. Additionally, it discusses Microsoft’s AI governance framework and encourages organizations to adopt these practices to mitigate risks and ensure trust​.

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Related Categories Artificial Intelligence, AI Ethics, AI in Business, AI-powered Analytics, AI in Healthcare, AI Strategy, AI Development Tools, AI Deployment, AI Governance, AI Regulations, AI Chips

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