AI, Machine Learning: What you should know before Switching On

Overview

This article unpacks what finance, risk and audit professionals need to know before “switching on” AI‑driven fraud detection. Explore key risks, governance challenges and real‑world solutions to ensure AI models are explainable, audit‑ready, and fit for regulated environments.
AuthorChantelle Schwartz: Unsecured & Transactional Credit Life Support Specialist at Absa Life Mthokozisi Sibisi CA(SA): Manager: Members in Business – Technical at SAICA
DivisionFinancial Reporting
Categories
Financial Services
DateApril 2026
URL