Inbenta’s Melissa Solis on Strategies for Effective AI Implementation in Financial Services
What's happening
Melissa Solis of Inbenta lays out practical steps banks and financial institutions must take to make AI investments deliver, stressing the need to ask hard questions and conduct thorough due diligence before implementation. The piece focuses on expectations banks should have of AI vendors and what banks themselves must prepare for during deployment. This guidance comes amid wider industry warnings about trust, governance and readiness for AI in compliance, regulatory reporting and underwriting.
Why it's trending
Because firms and vendors are increasingly pushing AI into compliance and reporting, industry voices are demanding clearer due diligence, governance and vendor expectations before live deployment.
SignalHolding at its usual pace, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
If your bank is about to buy an AI product, stop and run this vendor checklist first, Melissa Solis from Inbenta says due diligence is not optional anymore.
+2 more angles for this topic with an account — all it takes is your email.
Original sources8
- Global AI regulation splits: what compliance teams face
Artificial intelligence is advancing at a pace that regulators are struggling to match, leaving businesses that build, deploy and use AI to navigate an increasingly fragmented and uncertain rulebook. A new whitepaper from LexisNexis Regulatory Compliance, titled ‘Navigating the challenges of AI regulation’, maps how jurisdictions across the world are responding, and warns that the gap
FinTech GlobalOct 7 - Why blocking shadow AI backfires for financial firms
Financial institutions that respond to shadow AI by blocking unapproved tools may be making their exposure worse, not better, according to John Denham of Napier AI. In a recent analysis, Denham argues that restriction alone mistakes a demand problem for a technology problem, and in financial services that demand is here to stay. Shadow AI, […] The post Why blocking shadow AI backfires for fi
FinTech GlobalOct 7 - CompassPoint Warns Agentic AI in Finance Needs Boardroom Governance
UAE fractional CFO firm CompassPoint says agentic AI demands accountability frameworks before deployment, not after, especially for SMEs. The post CompassPoint Warns Agentic AI in Finance Needs Boardroom Governance appeared first on The Fintech Times .
The Fintech TimesOct 7
+5 more sources for this topic
Create an account to follow the full coverage in the live radar.
More rising in Fintech
- OKX Secures Funding From SC Ventures, Circle and Ripple at US$25 Billion ValuationClimbing3.3Climbing3.3 momentum
- Modern Treasury applies for OCC national trust bank charterSteady0.9Steady0.9 momentum
- Experian Launches New Credit Reporting Agency to Deliver Cash Flow InsightsSteady0.9Steady0.9 momentum
- Ant International’s new payments model proves the future of financial AI isn’t just generative … it’s transactionalSteady0.7Steady0.7 momentum
- Fraud is winning: Why identity, AML and Open Banking need to work togetherSteady0.5Steady0.5 momentum
- How Mastercard, Stripe, Visa and Coinbase’s New Stablecoin Is Changing the Industry’s EconomicsSteady0.9Steady0.9 momentum