AI Today Podcast: Advancing AI in Finance, Interview with Agus Sudjianto, Wells Fargo

The finance and banking industries have long been ahead of other industries with their adoption of AI. From fraud detection, to roboadvising, to NLP applications the finance industry is adopting every pattern of the Seven Patterns of AI. In this episode of the AI Today podcast hosts Kathleen Walch and Ron Schmelzer interview Agus Sudjianto, Executive Vice President, Head of Corporate Model Risk at Wells Fargo. He discusses why we need interpretable and not explainable machine learning, some of the challenges in data governance, security, ownership, and other issues that slow down adoption of AI, as well as some of the unique opportunities for the finance and banking industries to apply AI. Show Notes: Machine Learning Lifecycle 2021 eventINFOGRAPHIC: 8 ways in which AI is improving your banking experienceAI Today Podcast: How AI Is Being Applied In Banking