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Standard Bank, Stellenbosch University team up on responsible AI

# Standard Bank and Stellenbosch University’s School for Data Science and Computational Thinking have partnered to develop a framework for responsible artificial intelligence use in business. The collaboration combines the bank’s financial expertise with the university’s data science and ethics capabilities. The institutions have developed the Standard Bank Responsible AI Approach, covering safe, secure and accountable AI deployment. They say the framework will evolve as technology changes, while addressing concerns around bias, discrimination, transparency, privacy and accountability.