Bretton AI CEO Wants Banks to Kick the AI Tool Habit

Watch more: Need to Know With Bretton AI’s Will Lawrence Every artificial intelligence (AI) tool a bank adds to solve one risk problem gives it another vendor to vet, another platform to monitor and another set of decisions to explain to regulators. That’s the paradox at the center of the next phase of AI in financial services. The technology meant to simplify risk work can make the institution harder to govern as a whole.