The Free Toaster

E020 - Guru Sethupathy, Founder & CEO at FairNow

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In this episode, I catch up with my old Columbia PhD classmate Guru Sethupathy, founder of FairNow, an AI governance platform for financial services.

About AI Governance:

  • Involves three key components:
    • Monitoring AI performance, explainability, and bias
    • Ensuring compliance with financial regulations
    • Establishing clear AI policies and procedures

      • Why It Matters for FinTechs:

      • Often viewed as a cost center but becomes a strategic advantage
      • Becomes critically important during partner due diligence
      • "Light touch" governance is better than scrambling reactively
      • Risk of bias or compliance issues can be existential for startups

        • Explainability Benefits:

        • Meets regulatory requirements
        • Improves customer experience
        • Enhances operational understanding
        • Helps identify performance optimization opportunities

          • Resources:

          • Learn more at fairnow.ai
          • Contact: [email protected]

            •  

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            Want to chat with Carlos Caro, our host? Email him at [email protected]

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