Is Artificial Intelligence for FinTech companies a threat or an opportunity? The short answer is, it is both. The use of AI technology has seamlessly shifted from science fiction to everyday fact. Financial institutions are leading the way, as AI and machine learning technology has come to play an integral role in a range of operations.

AI is a part of the FinTech industry today in many forms, think of automated fraud detection, robo advisors, credit risk evaluations, the list is endless.  Given the stakes and speed with which AI is changing the industry, it’s critical to be aware of risks on the horizon. Our guest today, Kartik Hosanagar, talks about some of the risks that AI in FinTech poses and what the path ahead looks like. Kartik is the John C. Hower Professor of Technology and Digital Business and a Professor of Marketing at The Wharton School of the University of Pennsylvania.