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Study: Only 11% of banks have cracked the code on trustworthy AI
April 7th, 2026 - 12:18 GMT

Study: Only 11% of banks have cracked the code on trustworthy AI

In banking, trust isn't optional – it's everything. Yet, even as banks accelerate AI investment faster than other sectors, most are deploying AI without the oversight and infrastructure needed to earn that trust. That’s the central tension revealed in new banking insights from SAS’ Data and AI Impact Report: The Trust Imperative, with research insights by IDC. Among the four sectors examined in the study, banking outpaces government, insurance and life sciences both in AI spending and adoption of trustworthy AI practices. In fact, about one-quarter (23%) of banks operate ...
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Mike Lynch’s guilt or innocence is yet to be proven, but it is tremendously sad a man with such a brilliant mind, who could be devoting his talents to creating the next British tech giant, finds himself in court instead of the research lab. (Shutterstock)
March 30th, 2019 - 07:23 GMT

The Truth Behind the War Against UK's Tech Titan

Mobile operators in Bahrain have started rolling out the necessary network infrastructure, said the minister, adding that commercial services will become available by June. (Shutterstock)
March 28th, 2019 - 09:44 GMT

Bahrain Fully Prepared to Launch 5G Network

The new ranking shows that the Kingdom advanced 33 positions from the previous 46th ranking it obtained in 2016. (Shutterstock)
March 28th, 2019 - 08:33 GMT

Saudi Arabia Ranks 1st in the Arab World on Global Cybersecurity Index

Beecell
March 28th, 2019 - 07:25 GMT

Beecell Participates in the World’s Largest Telecommunication Event

(From left) Jehad ALTwairki, Vice President for Business Solutions, STCS, and Muayad Simbawa, Director for Enterprise Business, Trend Micro
March 27th, 2019 - 07:13 GMT

STC Solutions and Trend Micro Sign MoU at MWC Barcelona 2019

Apple CEO Tim Cook speaks during an event launching Apple TV+ at Apple headquarters on March 25, 2019, in Cupertino, California. (AFP)
March 26th, 2019 - 07:51 GMT

Apple Launches New Streaming Service, Credit Card

Google and Facebook are directly competing for video dominance. (Shutterstock)
March 24th, 2019 - 06:55 GMT

Google, Facebook Projected to Make $176 Billion From Advertising in 2019

The recent Capacity Middle East 2019 event in Dubai highlighted the developments in subsea segment. (Shutterstock)
March 23rd, 2019 - 08:00 GMT

How 5G Positions UAE as Global Connectivity Hub

Tech Park. (Twitter)
March 23rd, 2019 - 05:03 GMT

UAE Launches Tech Start-Up Hub From Recycled Shipping Containers

Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. (Shutterstock)
March 21st, 2019 - 10:59 GMT

EU Fines Google for Third Time in 2 Years

The streaming giant will continue to tighten its grip and make more shows available in the region, the CEO said. (Shutterstock)
March 21st, 2019 - 06:00 GMT

Netflix to Expand Its Audience in the Region

The UAE and Saudi Arabia show the most promise in terms of skills in technology. (Shutterstock)
March 19th, 2019 - 10:16 GMT

Global Skills Index Portrays UAE, KSA as Regional ‘Tech Powerhouses’

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