Ethical and Regulatory Challenges of Deploying AI Powered Credit Management Systems in Banks

View Full Paper

Ask AI

Bookmark

Discussion

Quantitative analysis demonstrates ethical concerns in AI credit systems among banks, highlighting risks and regulatory needs.

Ethical challenges in AI-emphasized credit management were rated higher than regulatory issues, indicating priority areas.
Findings revealed that bias mitigation and transparency were pressing ethical concerns influencing AI acceptance.
This quantitative analysis utilized structured questionnaires from 15 commercial banks, analyzing 400 valid responses.
Strengthening governance practices and regulatory collaboration is essential for reducing operational and reputational risks.

A 2025 study studied this question.

View Full Paper

Ask AI

Bookmark