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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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Activists considered the app abusive since it allows women’s movements to be tracked by their “male guardians.” (File/photo)
February 17th, 2019 - 10:57 GMT

Saudi Arabia Defends 'Abusive' App That Monitors Women

In first phase, fixed wireless and mobile services will be provided in selected locations. (Shutterstock)
February 17th, 2019 - 08:09 GMT

UAE to Roll Out 5G Services in March

SMEs in the Middle East suffer the widest gap when it comes to financial inclusion worldwide. (Shutterstock)
February 14th, 2019 - 10:34 GMT

IMF: Arab Countries Can Benefit More From Structured Financial Technology

HUAWEI Mate20
February 11th, 2019 - 12:44 GMT

Huawei Is Leading the Innovation

LG is revolutionizing the concept of the home kitchen all-together.
February 11th, 2019 - 12:31 GMT

LG Knows How to Make Your Smart Kitchen Smarter

Saudi Arabia, like so many other nations and private sector enterprises, is still finding its feet, but is determined to put blockchain at the core of its operations. (Shutterstock)
February 11th, 2019 - 10:15 GMT

Is Blockchain the Missing Link in Saudi Arabia’s Vision 2030?

Lebanon has 143 digital actors (Shutterstock)
February 8th, 2019 - 10:47 GMT

Digitilization, Its Impacts and Challenges in Lebanon

Sophia has travelled the world and engaged in conversations about AI, robotics and the future of the relationship between humanity and robots. (Shutterstock)
February 7th, 2019 - 11:35 GMT

Sophia the Robot to Attend Fintech Forum in Bahrain

Facebook’s new Arabic fact-checking programme will begin to roll out this year with the aim to reduce the spread of misinformation, whilst improving the quality of news people find on its platform. (Shutterstock)
February 7th, 2019 - 09:46 GMT

Facebook to Combat Fake Arabic News Using New Program

Artificial intelligence (AI) and chatbots rank among the top 10 trends in digital marketing this year. (Shutterstock)
February 7th, 2019 - 08:56 GMT

Top 10 Tech Trends in Digital Marketing in 2019

If true, the charges are indicative of a larger, more structural issue common throughout the Chinese business world, and particularly prevalent in the 1990s. (AFP)
February 7th, 2019 - 08:25 GMT

What's the Future of Huawei After Its Gloomy Past?

Blockchain enables decentralized transactions across a P2P network. (Shutterstock)
February 6th, 2019 - 01:37 GMT

All You Need to Know About Blockchain Technology: Infographic

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