
New York, NY — July 28, 2025 — RayCor Consulting, a leader in fintech compliance strategy, has published a new white paper titled “Making the Black Box Accountable: How Compliance Leaders Can Tame AI and Stay Ahead of the Next Frontier of Risk.”
As AI becomes increasingly embedded in core compliance functions, from transaction monitoring and sanctions screening to onboarding and credit scoring, regulators are paying closer attention. Compliance leaders are facing urgent questions about governance, explainability, and accountability. Many teams are stuck in a familiar bind: “Approve this system, but don’t ask too many questions about how it works.” This mindset is not sustainable, and this paper explains why.
Making the Black Box Accountable introduces AIRE (AI Risk & Explainability), a practical oversight framework built by and for compliance professionals. AIRE focuses on five key pillars — Testing, Risk-Rating, Assignment, Input Control, and Evidence — which offer teams a blueprint for building AI oversight into everyday workflows.
The paper highlights gaps in traditional model risk frameworks, such as SR 11-7, reviews emerging global regulatory guidance and expectations, and provides tactical actions that institutions can implement immediately without a major technical overhaul.
“Too many compliance teams are being asked to approve black-box systems with little to no documentation or oversight,” said Christina Rea, Esq., author of the paper and Founder/CEO of RayCor Consulting. “This paper is about providing those teams with the structure, language, and confidence to lead and not just react.”
RayCor’s AI governance work spans crypto, fintech, and regtech clients across the U.S. and Europe.
Key takeaways from the white paper include:
- A breakdown of the core risks of AI in compliance, from drift to hallucination
- An analysis of why traditional model governance, like SR 11-7, falls short in the age of agentic and generative AI
- An overview of emerging global standards and guidance, such as NIST AI RMF, ISO 23894, and the EU AI Act
- Tactical steps compliance teams can take starting today, even if they’re not using AI yet
- An introduction to the AIRE Framework, which focuses on Testing, Risk-Rating, Assignment, Input Control, and Evidence
Whether you’re a CCO, BSA/AML lead, risk officer, or product stakeholder, this is required reading if you’re being asked to sign off on AI tools without enough answers.
Download the white paper today: https://www.raycorconsulting.com/making-the-black-box-accountable
For media inquiries, speaking engagements, or more information, please contact: [email protected].
RayCor Consulting is a leading provider of compliance and risk management solutions. It specializes in innovative approaches that empower businesses to navigate regulatory challenges confidently. From fractional support and training programs to customizable compliance tools, RayCor bridges the gap between precision and practicality, delivering tailored solutions for startups and established enterprises. Driven by a commitment to innovation, accessibility, and excellence, RayCor helps organizations build stronger, more resilient compliance frameworks in an ever-changing regulatory landscape.
Learn more at raycorconsulting.com.