Thoughts on AI and regulatory compliance in fintech?

Been thinking a lot lately about how AI is evolving so rapidly, and what that means for regulatory compliance in the fintech space. Specifically, for things like transaction monitoring and fraud detection, AI offers incredible potential to identify complex patterns. However, I'm also seeing how regulators are still trying to get their heads around AI governance, explainability, and potential biases in algorithmic decision-making. How are others in the compliance or operations space balancing the benefits of AI with the need to meet current and future regulatory expectations, especially as jurisdictions develop their own frameworks?