Towards Data Science

The Model Validation Playbook for GenAI: Lessons from Banking

The article discusses how model validation standards are evolving for large language model (LLM) based systems, particularly in the banking sector. It examines what aspects of traditional validation break down, what elements remain applicable, and how to effectively test the quality of LLM outputs. The piece offers practical insights into adapting validation playbooks for generative AI applications.

Towards Data Science
Aug 27

I Trained Six Models for Fraud Detection, and the Best One Isn't in Production

The article recounts a final‑year project in which the author trained six different models for fraud detection. It highlights the discrepancy between the model that performed best on evaluation metrics and the one that was ultimately chosen for production. The piece reflects on how real‑world constraints can override purely statistical performance.

By Benjamin Nweke
arXiv AI
Sep 25

IndicBankBench: Evaluating Safety and Reliability of Language Model Assistants in Indian Retail Banking

IndicBankBench is a 799‑case benchmark designed to evaluate the safety and reliability of language model assistants in Indian retail banking. It covers five operational domains, a capability/refusal domain, and twenty primary axes, assessing each case at four stages: safety, action and tool use, response adequacy, and advisory quality. The benchmark uses deterministic safety checks, a narrow resolver for ambiguous confirmation‑before‑write scenarios, and an LLM judge for semantic response adequacy, reporting strict pass rates that reveal a gap between strict reliability (43.7%–58.2%) and at‑least‑once success (60%–74%).

By Suvradip Paul, Chandra Bhushan, Harsh Sharma, Nitin Kukreja, Yatharth Dedhia, Keyur Doshi, Prashant Devadiga
Towards Data Science
Aug 20

How to Fine-Tune an LLM: An End-to-End Guide

The article "How to Fine-Tune an LLM: An End-to-End Guide" offers a practical, hands‑on walkthrough for fine‑tuning large language models in real‑world scenarios. It covers the entire process from data preparation to deployment, providing readers with actionable steps to adapt LLMs to specific tasks. The guide is aimed at practitioners looking to implement fine‑tuning in a structured, end‑to‑end manner.

By Sam Black
arXiv Machine Learning
Jul 14

ERP Data Provisioning Financial Control Testing

arXiv:2607. 09712v1 Announce Type: new Abstract: Financial control testing increasingly depends on representative enterprise resource planning (ERP) data in quality environments, yet direct production copies expose personal, supplier, banking, and commercially sensitive records.

By Anitha Samudrala