In this episode, I catch up with my old Columbia PhD classmate Guru Sethupathy, founder of FairNow, an AI governance platform for financial services.
About AI Governance:
Involves three key components:
Monitoring AI performance, explainability, and bias
Ensuring compliance with financial regulations
Establishing clear AI policies and procedures
Why It Matters for FinTechs:
Often viewed as a cost center but becomes a strategic advantage
Becomes critically important during partner due diligence
"Light touch" governance is better than scrambling reactively
Risk of bias or compliance issues can be existential for startups
Explainability Benefits:
Meets regulatory requirements
Improves customer experience
Enhances operational understanding
Helps identify performance optimization opportunities
Resources:
Learn more at fairnow.ai
Contact: guru@fairnow.ai
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