In 2024, 45 states introduced legislation covering AI use. Their goal is to help manage the benefits and risks the technology provides. At the federal level, Congress has debated dozens of AI bills, and a presidential Executive Order is shaping policy across the federal government.

At the same time, the business case for AI in financial services is compelling. AI is a powerful force in helping to tackle fraud and money laundering, strengthen compliance monitoring, and improve operational risk management. For banking customers, AI helps financial organizations to personalize services and remove friction from the experience.

In this webinar, Steven Ramirez, CEO of Beyond the Arc, will discuss how to prepare your organization for anticipated changes in the AI landscape. He’ll cover the approach states are taking to monitor and regulate AI. Steven will also discuss the latest in AI capabilities and banking use cases. The objective of the webinar is to help you identify how to adapt your policies, practices, risk frameworks and employee training to capitalize on the opportunities of AI, while maintaining rigorous and responsible oversight.

Key discussion topics include:

• An update on current AI capabilities
• State legislation covering AI, data privacy, transparency and discriminatory practices
• Potential federal regulations governing AI usage
• Compliance and risk considerations for AI
• Updating policies and employee training

PRESENTER:

Steven Ramirez
CEO
Beyond the Arc

Steven Ramirez is the CEO of Beyond the Arc. He is a strategic advisor with over twenty years of experience working with technology, fintech, and financial services companies.

Steven is a popular industry analyst, writer, and speaker in financial services and fintech. His insights have appeared in BAI Banking Strategies, American Banker, Financial Brand, and other industry publications. Steven earned his BA and MBA from the University of California, Berkeley.