Financial services companies are using AI to assist with many business processes, including underwriting decisions, consumer credit approval, servicing and collections, loss mitigation programs, customer interaction on websites and mobile apps via chatbots, and in detecting fraud. In this fourth episode, Stephen Piepgrass and colleagues Chris Willis and Michael Yaghi examine the use and impact of AI in the financial services industry. They discuss the potential risks financial services companies may face with increased reliance on AI, as well as the increased focus on AI by various regulators and state attorneys general.Our panel also offers practical suggestions for financial services companies who want to develop or adopt machine learning models into their business processes.In our final episode of this series, we will discuss the impact and use of AI in Background Screening. Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

Financial services companies are using AI to assist with many business processes, including underwriting decisions, consumer credit approval, servicing and collections, loss mitigation programs, customer interaction on websites and mobile apps via chatbots, and in detecting fraud. In this fourth episode, Stephen Piepgrass and colleagues Chris Willis and Michael Yaghi examine the use and impact of AI in the financial services industry. They discuss the potential risks financial services companies may face with increased reliance on AI, as well as the increased focus on AI by various regulators and state attorneys general. Our panel also offers practical suggestions for financial services companies who want to develop or adopt machine learning models into their business processes. In our final episode of this series, we will discuss the impact and use of AI in Background Screening. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Financial services companies are using AI to assist with many business processes, including underwriting decisions, consumer credit approval, servicing and collections, loss mitigation programs, customer interaction on websites and mobile apps via chatbots, and in detecting fraud. In this fourth episode, Stephen Piepgrass and colleagues Chris Willis and Michael Yaghi examine the use and impact of AI in the financial services industry. They discuss the potential risks financial services companies may face with increased reliance on AI, as well as the increased focus on AI by various regulators and state attorneys general.Our panel also offers practical suggestions for financial services companies who want to develop or adopt machine learning models into their business processes.In our final episode of this series, we will discuss the impact and use of AI in Background Screening. Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com" rel="noopener noreferrer">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

AI: Impact and Use in the Financial Services Industry (Part Four)

Regulatory priorities can seemingly shift overnight with one lawsuit, investigative news article, election, or bill signing. Troutman Pepper Locke’s Regulatory Oversight Podcast analyzes the underlying trends that drive enforcement activity and provides expert perspectives on key focus areas. Featuring insights from members of the firm’s Regulatory Practice Group, including its nationally ranked State Attorneys General practice, with guest commentary from business leaders, regulatory experts, and current and former government officials, our podcast examines a range of topics affecting companies operating in highly regulated industries.

Whether related to cybersecurity and data privacy, advertising and marketing, financial services and fintech, or emerging technology, Troutman Pepper Locke’s regulatory team offers informed counsel to clients, drawing on decades representing clients in their most critical regulatory challenges. Our lawyers rely on  their regulatory experience in private practice as well as their tenure in state AG offices, at the FTC, CFPB, U.S. Attorneys’ Offices, and other federal and state enforcement bodies to develop legal strategies that align with each client’s goals. The Regulatory Oversight Podcast allows us to share our acumen and approach directly with our listeners.

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Regulatory priorities can seemingly shift overnight with one lawsuit, investigative news article, election, or bill signing. Troutman Pepper Locke’s Regulatory Oversight Podcast analyzes the underlying trends that drive enforcement activity and provides expert perspectives on key focus areas. Featuring insights from members of the firm’s Regulatory Practice Group, including its nationally ranked State Attorneys General practice, with guest commentary from business leaders, regulatory experts, and current and former government officials, our podcast examines a range of topics affecting companies operating in highly regulated industries. Whether related to cybersecurity and data privacy, advertising and marketing, financial services and fintech, or emerging technology, Troutman Pepper Locke’s regulatory team offers informed counsel to clients, drawing on decades representing clients in their most critical regulatory challenges. Our lawyers rely on their regulatory experience in private practice as well as their tenure in state AG offices, at the FTC, CFPB, U.S. Attorneys’ Offices, and other federal and state enforcement bodies to develop legal strategies that align with each client’s goals. The Regulatory Oversight Podcast allows us to share our acumen and approach directly with our listeners.

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AI: Impact and Use in the Financial Services Industry (Part Four)

AI: Impact and Use in the Financial Services Industry (Part Four)

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