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Explainable AI (XAI) is a branch of Artificial Intelligence that prioritizes the need to make AI models and their predictions understandable to humans. XAI algorithms shed light on what influences their outcomes, providing transparency and clarity into AI decisions. This is particularly vital in financial services, where the ability to comprehend and justify AI decisions is paramount. XAI enhances trust and compliance by providing a transparent framework that enables regulators, auditors, and customers to grasp the logic behind AI-driven financial decisions.
