The Fintech industry is evolving quickly, and Artificial Intelligence (“AI”) will play a transformative and key role in driving its growth. AI has provided the banking and finance industry with a means to meet clients’ needs and is bringing back customized products.
In this conference, held by Goldfarb Gross Seligman and EY, we will explore the application of AI models in the financial industry with the emphasis on the emerging field of “Trusted AI”. While AI tools have shown a great potential in the areas of fraud prevention, risk management, improving underwriting and enhancing process automation, they may also pose regulatory, business and legal risks, especially in the highly regulated financial industry. The Trusted AI approach aims at curbing these risks and unlocking the full potential of Fintech AI.
