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MAS to create 'fairness metrics' for AI and analytics adoption in financial services

Vivienne Tay

Vivienne Tay

Published Thu, May 28, 2020 · 09:50 PM

    Singapore

    THE Monetary Authority of Singapore (MAS) will be developing "fairness metrics" in credit-risk scoring and customer marketing under the first phase of its "Veritas" initiative.

    Veritas is a framework for financial institutions to promote the responsible adoption of artificial intelligence (AI) and data analytics.

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