Scotiabank, with 25 million customers in Canada, has teamed up with Queen's University, and the IEEE to develop a two-day program for senior executives that will cover the principles of AI ethics in program design; decision-making with analytics; and information and privacy regulations.
Vishal Gossain, VP of Global Risk Management stated that “We tackle bias in multiple ways. We remove variables which can tend to bias the model by sex, gender and religion and we train our models over a longer period, to make sure the model is not biased towards certain temporal events. We ensure that the final model outputs are not biased towards any characteristic of a consumer that we don’t consider as “fair” to measure for credit worthiness. We also have independent reviews of the models.”
Gossain Interview AI Trends
