As the industry undergoes significant growth with 101 licensed Fintech companies, the integration of cutting-edge Artificial Intelligence (AI) technologies poses unprecedented challenges. In an initiating move, the Indonesian Financial Service Authority (OJK) has unveiled ethical guidelines crafted in collaboration with leading Fintech associations, including AFTECH and AFSI.

Titled "Responsible and Trusted Artificial Intelligence in the Fintech Industry," the ethical guidelines provide a framework for Fintech providers, particularly the members of the associations, to ensure the responsible and ethical use of AI in the industry.

Dentons HPRP's lawyers, Mika Isac Kriyasa (Partner), Leonardo Richo Sidabutar (Senior Associate), and Thalia Kalista (Associate), have prepared a brief write-up on the guidelines.

Check out the full article here.

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