Mike Silver moderated the panel, "How Fintech is Transforming Regulatory Compliance," at the Fintech South Conference on August 28, 2024.
This panel was part of the conference's content track, “Walking the Regulatory Tightrope: Balancing Innovation & Consumer Protection.” The track description noted: “As game-changing technologies like AI and crypto rapidly bring new innovations to the financial services landscape, regulators are challenged by the pace and finding the right balance. How to protect consumers while also enabling financial innovation? Meanwhile, both incumbents and startups must find ways to efficiently navigate compliance and costs in an unpredictable regulatory landscape. In these sessions, financial policymakers and innovators help us walk the regulatory tightrope.”
Topics discussed included:
- How financial services providers are using AI to enhance regulatory compliance
- Present and anticipated future trends in the use of AI in financial services
- The current regulatory environment for AI in financial services and innovation more generally, including apparent differences between the CFPB’s approach and the rest of the federal government under the Biden administration.
For more information, visit the event website.