{"id":362,"date":"2021-07-02T06:47:56","date_gmt":"2021-07-02T06:47:56","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/"},"modified":"2021-07-02T06:47:56","modified_gmt":"2021-07-02T06:47:56","slug":"explainable-ai-the-future-of-financial-services","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/","title":{"rendered":"Explainable AI: The Future of Financial Services"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.<\/p><p>This kind of artificial intelligence is known as \u2018explainable\u2019 AI, or XAI. It\u2019s this specialty that <a href=\"https:\/\/wwwfr.uni.lu\/snt\/people\/jacques_klein\" target=\"_blank\" title=\"\" rel=\"noopener\">Prof. Jacques Klein<\/a>, head of the <a href=\"https:\/\/wwwfr.uni.lu\/snt\/research\/trux\" target=\"_blank\" title=\"\" rel=\"noopener\">TruX<\/a> research group at SnT is applying to one of his current projects with <a href=\"https:\/\/www.bgl.lu\/fr\/particuliers.html\" target=\"_blank\" title=\"\" rel=\"noopener\">BGL BNP Paribas<\/a>, as they develop explainability for financial machine learning algorithms.<\/p><p>In this article with Paperjam, Prof. Klein discusses what the work has involved, as well as why this type of AI is implemented over other kinds. Read the full article <a href=\"https:\/\/paperjam.lu\/article\/explainable-ai-the-future-of-f?utm_medium=email&#038;utm_campaign=30-06-2021&#038;utm_content=30-06-2021+CID_a83b99adb7e91cc82914fa042babdf23&#038;utm_source=Newsletter&#038;utm_term=Explainable%20AI%20the%20future%20of%20financial%20services\" target=\"_blank\" title=\"\" rel=\"noopener\">here<\/a>.<\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.<\/p>\n","protected":false},"author":0,"featured_media":363,"template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"news-category":[3],"news-topic":[],"organisation":[183],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Explainable AI: The Future of Financial Services - SnT actualit\u00e9s I Universit\u00e9 du Luxembourg<\/title>\n<meta name=\"description\" content=\"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explainable AI: The Future of Financial Services\" \/>\n<meta property=\"og:description\" content=\"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\" \/>\n<meta property=\"og:site_name\" content=\"SnT FR\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Explainable AI: The Future of Financial Services\",\"datePublished\":\"2021-07-02T06:47:56+00:00\",\"dateModified\":\"2021-07-02T06:47:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg\",\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\",\"url\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\",\"name\":\"Explainable AI: The Future of Financial Services - SnT actualit\u00e9s I Universit\u00e9 du Luxembourg\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg\",\"datePublished\":\"2021-07-02T06:47:56+00:00\",\"dateModified\":\"2021-07-02T06:47:56+00:00\",\"description\":\"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage\",\"url\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg\",\"contentUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg\",\"width\":800,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.uni.lu\/fr\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interdisciplinary Centre for Security, Reliability and Trust (SnT)\",\"item\":\"https:\/\/www.uni.lu\/snt-fr\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"News\",\"item\":\"https:\/\/www.uni.lu\/snt-fr\/news\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Explainable AI: The Future of Financial Services\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#website\",\"url\":\"https:\/\/www.uni.lu\/snt-fr\/\",\"name\":\"SnT\",\"description\":\"Interdisciplinary Centre for Security, Reliability and Trust I Uni.lu\",\"publisher\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#organization\"},\"alternateName\":\"Interdisciplinary Centre for Security, Reliability and Trust I Universit\u00e9 du Luxembourg\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.uni.lu\/snt-fr\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#organization\",\"name\":\"SnT - Universit\u00e9 du Luxembourg I Uni.lu\",\"alternateName\":\"Interdisciplinary Centre for Security, Reliability and Trust\",\"url\":\"https:\/\/www.uni.lu\/snt-fr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2026\/03\/03112647\/SNT_SM-Profile_1600x1600px-scaled.jpg\",\"contentUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2026\/03\/03112647\/SNT_SM-Profile_1600x1600px-scaled.jpg\",\"width\":2560,\"height\":2560,\"caption\":\"SnT - Universit\u00e9 du Luxembourg I Uni.lu\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/snt-fr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/school\/snt-lu\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Explainable AI: The Future of Financial Services - SnT actualit\u00e9s I Universit\u00e9 du Luxembourg","description":"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/","og_locale":"fr_FR","og_type":"article","og_title":"Explainable AI: The Future of Financial Services","og_description":"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.","og_url":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/","og_site_name":"SnT FR","og_image":[{"width":800,"height":600,"url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Dur\u00e9e de lecture estim\u00e9e":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#article","isPartOf":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/"},"author":{"name":"","@id":""},"headline":"Explainable AI: The Future of Financial Services","datePublished":"2021-07-02T06:47:56+00:00","dateModified":"2021-07-02T06:47:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/"},"wordCount":145,"publisher":{"@id":"https:\/\/www.uni.lu\/snt-fr\/#organization"},"image":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg","inLanguage":"fr-FR"},{"@type":"WebPage","@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/","url":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/","name":"Explainable AI: The Future of Financial Services - SnT actualit\u00e9s I Universit\u00e9 du Luxembourg","isPartOf":{"@id":"https:\/\/www.uni.lu\/snt-fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage"},"image":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg","datePublished":"2021-07-02T06:47:56+00:00","dateModified":"2021-07-02T06:47:56+00:00","description":"Artificial intelligence (AI) permeates our everyday lives, and with software being introduced that is increasingly more sophisticated, being able to understand how machines make decisions is vital. In banking, this is all the more important, as artificial intelligence is often implemented to streamline processes but experts still need to understand how a computer has arrived at its decision.","breadcrumb":{"@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#primaryimage","url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg","contentUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2021\/07\/explainable_ai_the_future_of_financial_services.jpg","width":800,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.uni.lu\/snt-fr\/news\/explainable-ai-the-future-of-financial-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.uni.lu\/fr"},{"@type":"ListItem","position":2,"name":"Interdisciplinary Centre for Security, Reliability and Trust (SnT)","item":"https:\/\/www.uni.lu\/snt-fr\/"},{"@type":"ListItem","position":3,"name":"News","item":"https:\/\/www.uni.lu\/snt-fr\/news\/"},{"@type":"ListItem","position":4,"name":"Explainable AI: The Future of Financial Services"}]},{"@type":"WebSite","@id":"https:\/\/www.uni.lu\/snt-fr\/#website","url":"https:\/\/www.uni.lu\/snt-fr\/","name":"SnT","description":"Interdisciplinary Centre for Security, Reliability and Trust I Uni.lu","publisher":{"@id":"https:\/\/www.uni.lu\/snt-fr\/#organization"},"alternateName":"Interdisciplinary Centre for Security, Reliability and Trust I Universit\u00e9 du Luxembourg","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.uni.lu\/snt-fr\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/www.uni.lu\/snt-fr\/#organization","name":"SnT - Universit\u00e9 du Luxembourg I Uni.lu","alternateName":"Interdisciplinary Centre for Security, Reliability and Trust","url":"https:\/\/www.uni.lu\/snt-fr\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.uni.lu\/snt-fr\/#\/schema\/logo\/image\/","url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2026\/03\/03112647\/SNT_SM-Profile_1600x1600px-scaled.jpg","contentUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/13\/2026\/03\/03112647\/SNT_SM-Profile_1600x1600px-scaled.jpg","width":2560,"height":2560,"caption":"SnT - Universit\u00e9 du Luxembourg I Uni.lu"},"image":{"@id":"https:\/\/www.uni.lu\/snt-fr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/school\/snt-lu\/"]}]}},"blog_id":13,"_links":{"self":[{"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/news\/362"}],"collection":[{"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":0,"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/news\/362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/media\/363"}],"wp:attachment":[{"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/media?parent=362"}],"wp:term":[{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/news-category?post=362"},{"taxonomy":"news-topic","embeddable":true,"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/news-topic?post=362"},{"taxonomy":"organisation","embeddable":true,"href":"https:\/\/www.uni.lu\/snt-fr\/wp-json\/wp\/v2\/organisation?post=362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}