April 25, 2026
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MAS digital banks risk management Hackcelerator

“Fairness Metrics” to Aid Responsible AI Adoption in Financial Services

Singapore, 28 May 2020… The Monetary Authority of Singapore (MAS) announced today that the first phase of the Veritas initiative – a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) – will commence with the development of fairness metrics in credit risk scoring and customer marketing

COVID-19

Dramatic Rise of Cybersecurity Risks from COVID-19 Prompts Action Plan

COVID-19 has accelerated the global transition to a new reality of unprecedented digital dependency, heightened cyber risks and vulnerabilities
Leaders and organizations are forced to digitally adapt their organizations faster than ever to remain relevant
Five principles developed to help global leaders reinforce the cyber resilience and cybersecurity of their organizations in a context of rampant global change and uncertainty
Find out more about the World Economic Forum’s work on cybersecurity