AI in Payments-Tech: Practical Expectations, Regulatory Concerns and Contract Terms

MRC Vegas 2024
Clifford Chance, Sardine, NYCA
Mar 27, 2024

Use of artificial intelligence to make decisions and generate content is accelerating. Businesses, consumers and governments are in for a bumpy ride while sorting out a host of operational and legal issues. This panel will discuss a broad range of practical issues for MRC members to consider as they work on product development, operations, and business relationships in a new and rapidly changing environment.  Although our focus will be payments, we will touch on broader issues as well.

Learning Objectives:

  • Regulator roles
  • Issues arising in data transfer necessary for generating AI tools
  • Contract language trends
  • Financial crimes compliance expectations
  • Bias issues re customers
  • Differences across jurisdictions

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