The concept of Artificial Intelligence (AI) has been around for years and progressive organizations have invested heavily in AI. Organizations are using AI to automate processes, better respond to customer needs, and manage risk by detecting patterns in massive sets of data and interpreting their meaning. This session will define AI, and provide practical examples of opportunities for credit unions and audit professionals to better identify and manage risks.
Learning objectives include:
Understanding what Artificial Intelligence is and how it is being used.
Learn opportunities for credit unions to manage risk through the use of AI.
Learn how auditors can utilize AI to improve audit scope and coverage while being more efficient.