Essert Inc

Artificial Intelligence (AI) has rapidly transformed how financial institutions and public companies operate, from driving investment decisions to detecting fraud and enhancing customer experiences. As its influence grows, so do the risks associated with opaque algorithms, unchecked bias, and unintended consequences. Recognizing this, regulatory bodies are stepping in to ensure AI is used responsibly and transparently. One of the most significant moves comes from the U.S. Securities and Exchange Commission (SEC), which has introduced new guidelines aimed at governing the use of AI in public markets. The SEC, long responsible for overseeing corporate disclosures and financial risk, now sees AI governance as an essential element of its mandate. This blog breaks down the SEC’s new AI governance guidelines and explains how organizations can ensure compliance, transparency, and risk mitigation using Essert Inc.’s AI Governance Solution . Background: Why the SEC Is Focused on AI Governanc...

 In an era where artificial intelligence (AI) is reshaping the financial landscape, banks are racing to adopt intelligent technologies to stay ahead. From automating customer service to detecting fraudulent transactions in real time, AI is no longer a futuristic concept—it’s a fundamental part of daily operations. With these advancements, banks are seeing faster loan processing, improved customer experiences, and sharper risk assessments. However, rapid AI adoption has also ushered in a host of challenges. Concerns about biased algorithms, black-box decision-making, data privacy violations, and regulatory non-compliance are mounting. Financial institutions operate in one of the most tightly regulated environments, where accountability and transparency are non-negotiable. Yet, many AI systems lack the controls and visibility necessary to meet these high standards. That’s where responsible AI governance comes in. To build trust in digital banking, financial institutions must imple...