As we progress into 2020, Artificial Intelligence has become much more than an experiment for financial services institutions. It is a true competitive differentiator that can help banks and payments companies deliver hyper-personalized customer experiences, improve decision-making and enhance operational efficiency. While this is all considered transformative and revolutionary, AI presents a wide range of dangers for companies, especially in the areas of regulatory compliance, privacy and ethics. This panel will engage in a close examination of:

  • The various different ways that financial institutions are using AI today and what the future holds
  • How AI is playing a role in lending, and identifying and managing the risk of discrimination by AI systems
  • How AI is being used to detect fraud and suspicious activity in payments and the legal, regulatory and compliance risks associated with this
  • Regulatory issues related to the use of AI, and strategies for engaging with regulators on AI-related matters
  • Special cybersecurity and data privacy issues that AI applications present
  • Unique challenges faced by regulated institutions who are trying to develop AI
  • Issues unique to AI to consider when negotiating licensing agreements, joint development agreements and other types of AI-related contracts
  • Acquiring, investing in or financing AI-focused companies

Non-firm Speakers

Samantha Bautista, Senior Product & Regulatory Counsel, Marqeta
David Beam, Partner, Mayer Brown LLP

Sponsor

American Conference Institute