Banks expect to hand decisions to AI - even if they can't explain them

SAS, FT Longitude and Microsoft published a global survey of 300 banking leaders finding 76% expect autonomous AI credit and risk decisions within five years, but only 18% have fully operational AI governance today. The report also flags that 92% of respondents have at least one large language model operating outside formal governance frameworks, and 63% would trade transparency for better AI performance.

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