In the Absence of AI Regulation, Why are There So Many Hurdles to Its Use?

Financial institutions' deployment of AI is accelerating and evolving in response to technology shifts in payments operations and data-rich transactions, as well as growing cybersecurity threats and fraud risks. This panel will look beyond the business case for using AI and explore the regulatory and supervisory lens through which AI implementations will be measured including explainability and model risk, vendor risk management, data rights, bias and discrimination, and data privacy. 

Panelists:

• Sandra Lee, Deputy Assistant Secretary, Financial Stability Oversight Council, U.S. Department of the Treasury
• Bert Fuqua, Deputy General Counsel, Corporate & Investment Bank, Wells Fargo
• Terah Lyons, Global Head of AI Policy, JPMorganChase
• The Honorable Eugene A. Ludwig, 27th Comptroller of the Currency, Founder and CEO of Ludwig Advisors, and Managing Partner of Canapi Ventures
• Aviad Levin, General Counsel and Corporate Secretary, Socure

Moderated by: Jess Cheng, Partner, Wilson Sonsini