LIVE EPISODE: AI — WHAT’S FACT? WHAT’S FICTION?

December 16, 2024

National Bankers Association

Join us as we delve into the world of AI, exploring its potential to revolutionize the financial industry while navigating the ethical complexities. Recorded live at the National Bankers Association 2024 Annual Conference, you'll hear from industry experts as they discuss:

  • The Upside of AI: How AI can streamline operations, enhance customer experiences, and democratize access to financial services.
  • The Downside of AI: Potential biases, security risks, and the ethical implications of AI-driven decision-making.
  • Practical Tips: Learn how financial institutions, especially smaller ones, can leverage AI to gain a competitive edge while mitigating risks.

Don't miss this insightful discussion on the future of finance.

More on Dr. Michael Akinwumi

As NFHA’s Chief AI Officer (CAIO), Dr. Michael Akinwumi is responsible for leading the organization’s efforts to ensure technologies impacting the housing sector are fair, privacy-preserving, reliable, transparent, and controllable. Dr. Akinwumi provides leadership in AI governance, risk management, and innovation to ensure ethical and effective AI usage that aligns with NFHA’s mission. He leads the strategic and operational aspects of AI implementation and governance at NFHA, as well as NFHA’s work to ensure private and public sectors adopt responsible AI principles. He also works on ensuring that AI technologies and initiatives in housing are both innovative and compliant with relevant civil and human rights laws, policies, and regulations, and he collaborates with private sector and public sector AI officers, including at state and federal agencies, to develop and oversee AI strategies that advance fair housing and fair lending goals, promote innovation, eliminate bias, serve humanity, and mitigate risks.

More on Cat Tucker

Cat Tucker is the Chief of Staff to the CEO of Moody’s. Prior to this appointment, she was Head of Product & Strategy and led the experimentation and integration of generative intelligence within Moody’s Ratings.vHer additional responsibilities included experience design and digital transformation. Cat has over 20 years of experience in financial services. She joined Moody’s from JPMorgan Chase where her roles spanned across product management, digital capability development, business planning, and customer engagement. Cat is a graduate of Howard University, Pennsylvania State University, and the University of Maryland. She is a passionate advocate for inclusion in the workplace, and she is a frequent speaker on the topic.

More on Dr. Dave Castillo

Dr. David (Dave) Castillo is a distinguished AI/ML executive with over 23 years of experience. He currently serves as the Managing Director and Head of Data AI/ML technology for JPMC’s Commercial Bank. In this role he is responsible for harvesting the vast data assets across the Commercial Bank and transforms these datasets into a set of valuable competitive advantages using AI, ML, and GenAI techniques. He is well versed in traditional M, Deep Learning, and transformer model architectures. He is a fundamental champion of the responsible use of AI and oversees the proper controls and policy enforcement required to leverage AI in the most responsible way possible.

More for Our Listeners

We have wonderful episodes coming up. We’ll talk with Daniel Gorfine of Gattaca Horizons about our white paper on Earned Wage Access and how it fits into broader fintech innovation and consumers’ financial lives. We have an exciting discussion with the winners of our Call for Papers discussing strategic ways to use AI in financial services and regulation to benefit and protect customers. We have an episode with Saket Narayan of Amazon, discussing modern technology applications required by regulators. And we’ll have a fascinating conversation with Soups Ranjan of Sardine, on fraud (AIR is doing major projects on fraud). 

I saw many fans of the show at DC Fintech Week, Money 20/20, and then at the spectacular Singapore Fintech Festival. My AIR colleague Mariama Jalloh-Heyward spoke October 30 at the Africa anti-fraud conference hosted by Provenir and the Africa Fintech Network. Last month AIR Chief Innovation Officer Nick Cook was a guest speaker discussing the significance of robust regulation in fostering financial innovation in Africa at the event for  Professor Iwa Salami’s new book, titled “FinTech Law and Regulation in Africa.” 

Please be sure to leave us a five-star rating on your favorite podcast platform so more people can find Barefoot Innovation, and please also find me on social media to continue the conversation!

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