What Does AI Safety Mean for Fintechs?

Episode notes

There have been big headlines in the world of AI over the past few weeks. In this episode of Skadden’s “Fintech Focus” podcast, host Joseph Kamyar is joined by Nicola Kerr-Shaw to discuss AI safety within the fintech sector. They delve into recent developments, including the EU AI Act and the U.K.-U.S. landmark agreement on AI safety. The episode also covers key takeaways for financial service entities regarding the EU AI Act, practical compliance strategies for fintechs, contractual risks that are starting to emerge for businesses concerning client-facing AI tools and privacy questions surrounding safeguarding personal data in the AI space. Meet Your Host Name: Joseph Kamyar Title: European Counsel, Corporate at Skadden Specialty: “Fintech Focus” host and European counsel Joseph Kamyar advises on a wide variety of corporate transactions, including cross-border private mergers and acquisitions, fundraisings, joint ventures, corporate reorganizations and general corporate matters, with a particular focus on the financial services, technology and media sectors.

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