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The Impact of AI in FinTech
Manage episode 439024646 series 2954983
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According to the World Economic Forum, 85% of financial services organizations are using AI in some capacity. It’s no secret the artificial intelligence ‘arms race’ is impacting virtually every industry, especially financial services. It’s also creating interesting and novel challenges for every industry, both in its application and its usage.
It’s often said that technology advances faster than regulation. Is that the case with artificial intelligence, or are the rules of the road keeping pace with innovation? And how should fintech companies approach AI governance to ensure fair outcomes?
Tamra Moore is VantageScore’s Deputy General Counsel. Tamra has over 15 years of experience as a thought leader on legal issues associated with the use of AI and machine learning. She joins The SCORE this week to discuss the importance of centering the consumer experience in AI usage.
Listen to the episode here.
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