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

MAS CFO Sopnendu Mohanty hopes Veritas will speed up the adoption of AI in financial services.


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...

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