Fintech Takes

Fintech Takes x FairPlay Presents Model Citizens Ep 3: Compliance Officers in the Age of AI: Creating Second Line 2.0


Listen Later

Welcome back to Model Citizens: AI Compliance for Banks and Fintech Lenders, a six-part miniseries from the Fintech Takes podcast in partnership with FairPlay. 


With FairPlay’s Kareem Saleh (Founder & CEO) at my side, we unpack: how can banks and fintechs build fair, compliant lending systems in a time of regulatory uncertainty?


In episode 3, we’re digging into compliance in the age of AI; an area that isn’t always top of mind for builders in fintech, but absolutely should be.


Both of our guests today —  Chelsea Keegan (Chief Compliance Officer at Flex) and Eli Corbett (VP, Deputy General Counsel at Affirm) —  have built compliance functions inside high-growth fintech companies, either in their current roles or in the past. 


So we’re taking this opportunity to learn from their experience (what they’ve seen, what they’ve learned, and how they’ve approached compliance).

Together, we unpack the new realities of legal risk in fintech … and why compliance can’t just be a legal function anymore


Highlights include:

  • How you can't compliance your way out of a bad product (why product, engineering, and legal need to be in the room together, especially when building with AI)

    • Regulators are watching your blog posts. Your marketing language might be Exhibit A in a future consent order

      • Why nimble tech, cultural fluency, and strong governance matter more than legacy checklists or canned audits

        • Why a fintech’s worst-case scenario isn’t the same as a bank’s (and both sides need to plan accordingly)

          Don’t forget to subscribe and catch the rest of Model Citizens; we’re just getting started!


          This miniseries is brought to you by FairPlay.


          FairPlay is an AI enablement company for financial services. They help companies build, test, optimize, validate and govern AI models. Learn more at Fairplay.ai


          Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/


          And for more exclusive insider content, don’t forget to check out my YouTube page.


          Follow Alex: 

          YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos

          LinkedIn: https://www.linkedin.com/in/alexhjohnson

          Twitter: https://www.twitter.com/AlexH_Johnson


          Follow Kareem:

          https://www.linkedin.com/in/kareemsaleh/


          Follow Chelsea:

          LinkedIn: https://www.linkedin.com/in/chelsea-keegan/


          Follow Eli:
          LinkedIn: https://www.linkedin.com/in/elizabeth-eli-corbett-1b0177130/

          ...more
          View all episodesView all episodes
          Download on the App Store

          Fintech TakesBy Alex Johnson

          • 4.9
          • 4.9
          • 4.9
          • 4.9
          • 4.9

          4.9

          12 ratings


          More shows like Fintech Takes

          View all
          Planet Money by NPR

          Planet Money

          30,676 Listeners

          This Week in Startups by Jason Calacanis

          This Week in Startups

          1,269 Listeners

          Freakonomics Radio by Freakonomics Radio + Stitcher

          Freakonomics Radio

          32,120 Listeners

          Masters in Business by Bloomberg

          Masters in Business

          2,159 Listeners

          a16z Podcast by Andreessen Horowitz

          a16z Podcast

          1,061 Listeners

          The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

          The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

          519 Listeners

          Odd Lots by Bloomberg

          Odd Lots

          1,867 Listeners

          The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

          The Official SaaStr Podcast: SaaS | Founders | Investors

          174 Listeners

          Fintech Insider Podcast by 11:FS by 11:FS

          Fintech Insider Podcast by 11:FS

          182 Listeners

          Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

          Invest Like the Best with Patrick O'Shaughnessy

          2,286 Listeners

          Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

          Equity

          338 Listeners

          ACQ2 by Acquired by Ben Gilbert and David Rosenthal

          ACQ2 by Acquired

          243 Listeners

          Fintech Business Podcast by Jason Mikula

          Fintech Business Podcast

          7 Listeners

          More or Less by Dave Morin, Jessica Lessin, Brit Morin, and Sam Lessin

          More or Less

          91 Listeners

          BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

          BG2Pod with Brad Gerstner and Bill Gurley

          464 Listeners