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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

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Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

Introduction to Corporate Valuation

In this video on Corporate Valuation, Sarah Martin covers the basic background to corporate valuations, who uses them, why they are needed and also outlines the factors that impact valuation.

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Book a demo

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Examples of the Different AI Risks

Examples of the Different AI Risks

Pete Hannam

Data and AI Systems Architect

To understand the different tiers ot AI risk, look at some examples of unacceptable risk, high risk, limited risk and minimal risk AI.

To understand the different tiers ot AI risk, look at some examples of unacceptable risk, high risk, limited risk and minimal risk AI.

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Examples of the Different AI Risks

53 secs

Key learning objectives:

  • Name examples for each tier of AI risk

Overview:

AI risk can vary widely. That's why some AI systems are completely banned (e.g. anything that deliberately exploits the vulnerable or involves social scoring) and some require little to no oversight (inbox spam filters). Some in the middle (AI involving medical systems, the justice system, law enforcement and transport) can operate but only after meeting stringent requirements.  

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Summary
What are some examples of unacceptable risk AI?
  • Subliminal manipulation
  • Exploitation of vulnerabilities
  • Social scoring
  • Expansion of facial recognition databases through untargeted scraping
  • Emotion recognition in specific contexts (e.g. workplaces)
  • Individual predictive policing

What are some examples of high risk AI?
Pathway 1: For AI integrated into products
  • Medical devices and in-vitro diagnostics
  • Machinery and equipment
  • Toys
  • Vehicles and aviation systems
  • Marine equipment
  • Rail systems
  • Personal protective equipment

Pathway 2: For standalone AI
  • Biometric systems
  • Critical infrastructure
  • Education and vocational training
  • Employment and worker management
  • Essential services
  • Law enforcement
  • Migration, asylum and border control
  • Justice

What are some examples of limited risk AI?
  • Chatbots and conversational AI 
  • Deepfakes 
  • AI-generated text on matters of public interest
  • Emotion recognition (e.g. call centres)

What are some examples of minimal risk AI?
  • Spam filters protecting your inbox
  • Recommendation engines for films or music
  • Route optimisation for deliveries
  • Inventory management systems
  • Translation tools
  • Photo enhancement features

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Pete Hannam

Pete Hannam

Pete Hannam has over twenty years’ experience building large-scale data platforms, including those that now underpin modern AI systems. His work has ranged from national security infrastructure processing hundreds of billions of records to global enterprise platforms supporting tens of thousands of users. He has architected AI-ready systems for government, consultancies, and enterprises, with a strong focus on governance, security, and regulatory compliance. His work emphasises that successful AI deployment depends not only on technology, but on understanding the organisational, technical, and regulatory context that enables AI initiatives to deliver real value.

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