Details
November 15, 2023
Promises and Pitfalls: Addressing the Impact of AI Models in the Payments Industry
Nacha Webinar
Your Office
1:00 PM - 1:50 PM Eastern
12:00 PM - 12:50 PM Central
8:00 AM - 8:50 AM Hawaii
The payments industry has witnessed a rapid surge in the adoption of Artificial Intelligence (AI) and Machine Learning (ML) models in recent times, all aimed at enhancing accuracy, efficiency, and customer satisfaction.
However, as the use of AI becomes more prevalent, there are valid concerns regarding the legal implications and potential regulatory, risk, and ethical considerations that may arise from its implementation.
This informative session will dive into the potential promises and pitfalls of implementing AI models in the payments industry. Speakers will shed light on the various types of bias, fairness and explainability issues that could potentially manifest in AI models and approaches that legal practitioners can take to mitigate risks.
Speakers:
Jess Cheng
Member – Fintech and Financial Services
Wilson Sonsini Goodrich & Rosati
Joseph Torregrossa
Associate General Counsel
Federal Reserve Bank of New York
You must register via GoToWebinar as well to access the event. Please watch your email for the registration link when it becomes available.
1.0 AAP/APRP Continuing Education Credit
This is not Package Plan Eligible.
Toll Free Phone: 800-453-1843
Email: education@macha.org
