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Banks start putting AI data “nutrition labels” into practice, American Banker reports

American Banker says a Financial Services Sector Coordinating Council workgroup wrote a paper on the concept, which some bank technologists are turning to as a way to assess data quality.

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1 Source, 23d ago, first seen 23d ago

TLDR

How can banks tell whether the data fed to generative AI is good? American Banker reports that some bank technologists are turning to the concept of a “nutrition label.” The publisher says a Financial Services Sector Coordinating Council workgroup wrote a paper on the idea, and banks are starting to put it into action.

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1 Source, first seen 23d ago

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1 Source, first seen 23d ago

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@AmerBankerLike any #AImodel, a generative AI model is only as good as the data it's fed. But how do you know you have good data? Some #BankTechnologists are answering this question with the concept of a "nutrition label." A workgroup of the Financial Services Sector Coordinating Council created a paper on the idea that banks are starting to put into action. More here: https://sbrew.link/KYG18BpH23d
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    1 Source

    @AmerBankerLike any #AImodel, a generative AI model is only as good as the data it's fed. But how do you know you have good data? Some #BankTechnologists are answering this question with the concept of a "nutrition label." A workgroup of the Financial Services Sector Coordinating Council created a paper on the idea that banks are starting to put into action. More here: https://sbrew.link/KYG18BpH23d
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