Transparent or opaque? The many faces of artificial intelligence

The Financial Stability Board (FSB) recently published a report warning of the impending risk to the economy posed by banks introducing artificial intelligence (AI) technology. The report called on companies to employ more specialist staff to oversee their AI strategies to reduce the risk of…

TD Bank acquires Toronto based artificial intelligence startup Layer 6 AI – Canadian Business – Your Source For Business News

Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial services companies increasingly look to tap the technology’s potential. Canada’s largest bank by assets has been looking to build up its capabilities in AI for some time, said Michael…

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