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Combined Research Documents

Explore Combined Research Documents (CRDs) written by our members at Synapse, the official AI club of MIT WPU. Our research spans diverse domains within artificial intelligence and machine learning.

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Financial Institutes and the inclusion of AI – Pros, Cons, and Risks

AI is becoming core to finance, with 84% of institutions using it in production and spending rising fast. While it improves efficiency and risk management, challenges in explainability, governance, and third-party risk remain, requiring stronger regulation and standards.

Authors:Aman Trivedi, Charitra Jain
March 21, 2025Read CRD →