Exploring the Role of Data Integrity in AI/ML-Powered Banking Innovations
Abstract
The rapid advancement of artificial intelligence and machine learning (AI/ML) technologies has ushered in a new era of innovation within the banking industry. AI/ML-powered solutions offer unprecedented opportunities for enhanced customer experiences, operational efficiency, and data-driven decision-making. However, as banks leverage these technologies to drive transformation, the critical role of data integrity becomes paramount. This paper explores the pivotal role of data integrity in AI/ML-powered banking innovations. It delves into the challenges, strategies, and best practices for ensuring data integrity throughout the AI/ML lifecycle. By analyzing real-world case studies and industry trends, this study highlights the significance of data integrity as a foundational pillar for building trustworthy, secure, and compliant AI/ML-powered banking solutions.