AI Governance

Veritran's AI Governance program defines the roles, responsibilities and controls that ensure AI is used securely, ethically and in line with corporate strategy. It includes a governance model with specific responsibilities for an executive governance forum, technology leadership, Cyber Resilience leadership and senior management, as well as adherence obligations for all employees. This framework is supported by a risk management approach with inventory, classification and continuous oversight of the AI systems and agents in use. At Veritran, Artificial Intelligence (AI) is used as an enabling component to accelerate the development of digital solutions, improve customer experience, optimize processes and strengthen risk controls, including fraud prevention and regulatory compliance. Given our position as a technology provider to regulated financial institutions, we understand that the use of AI carries risks that must be managed strictly —information security, processing of sensitive data, algorithmic bias and regulatory compliance— which is why we have an AI Security and Use Policy that sets corporate guidelines for responsible use, applicable to every employee, contractor, supplier and partner who uses AI tools or takes part in developing, integrating or implementing AI solutions.