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  • videocam Live Online with Live Q&A
  • calendar_month December 17, 2025 @ 1:00 PM E.T.
  • signal_cellular_alt Intermediate
  • card_travel Banking and Finance
  • schedule 90 minutes

Implementing AI in Banking and Financial Services: Legal and Regulatory Issues, Risk Management, Benefits, Challenges

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$347.00
$294.95
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Discount expires 10/30/25

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Description

Banks and financial institutions are utilizing AI to streamline and optimize internal processes and to meet evolving customer demands for smarter and more convenient ways to access, spend, save, and invest money. As a result, U.S. regulators and lawmakers have been paying increased attention to—and expressing concerns about—the use of AI in the financial services industry.

The benefits of AI to financial institutions and banks are numerous. Financial services providers are employing AI for several tasks, including automating data entry and analysis processes, improving decision-making about factors such as credit risk, enhancing the customer experience by providing personalized recommendations and advice, and fraud detection and prevention.

Although banks and financial services institutions using AI may benefit from increased efficiency and reduced transaction times and costs, among other benefits, they must consider potential legal and regulatory risks associated with each new instance of AI use. Regulatory requirements arising under state, federal, and international laws mandate strict compliance requirements for banks and financial institutions, including risk management, capital adequacy, and consumer protection. To remain competitive in the industry, it is imperative for counsel advising on key decisions to fully understand the technology being deployed and to consider the legal and regulatory implications of each new AI use case.

Listen as our authoritative panel discusses the benefits and challenges of AI for banks and financial institutions and provides strategies for managing the risks associated with AI implementation that evolves with the technology and the ever-evolving regulatory landscape.

Presented By

Carl Fornaris
Partner, Chair, Financial Innovation and Regulation Practice
Winston & Strawn LLP

With over 32 years of legal experience in the financial services industry, Mr. Fornaris advises a broad range of financial firms, including banks and their holding companies, trust companies, money services businesses, FinTech and payments companies, cryptocurrency and other digital assets firms, investment advisers, securities broker dealers, gaming firms, and other financial institutions and their institution-affiliated parties, including financial institution officers and directors, on all aspects of their business from licensing and chartering to capital-raising, business combinations, new products, BSA/AML compliance, prudential regulation, examination issues, federal and state enforcement defense, and troubled institutions. He is chair of the Financial Innovation & Regulation Practice. Mr. Fornaris represents clients in an extensive range of regulatory, transactional, and administrative enforcement matters, including institution formation and licensing, capital-raising transactions, acquisitions and divestitures, Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance and The Office of Foreign Assets Control (OFAC) sanctions programs—including the Corporate Transparency Act (CTA)—digital assets regulation, FinTech and payments, Dodd-Frank Act compliance, federal and state agency enforcement proceedings and failed bank receivership and resolution advice. Throughout his career, he has counseled clients in their dealings with the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (FRB), Financial Crimes Enforcement Network (FinCEN), Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), Consumer Financial Protection Bureau (CFPB), Florida Office of Financial Regulation (FOFR), New York Department of Financial Services (NYDFS), and other state supervisory authorities.

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Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Wednesday, December 17, 2025

  • schedule

    1:00 PM E.T.

I. Overview: AI use cases in banks and financial services

II. Generative AI vs. agentic AI

III. Regulatory oversight of AI and AI software implementation

A. Banking and finance

B. Lending

IV. Privacy and cybersecurity considerations

V. White House AI Action Plan

VI. Enacted and proposed state AI legislation relating to banking and financial services

VII. Recent state cases implicating the use of AI in the financial sector

VIII. Implications of the EU AI Act on U.S. financial services operations

IX. Actions banks and financial institutions should take to maximize the benefits of AI, mitigate risks, and stay ahead of the evolving regulatory landscape

X. Practitioner pointers and key takeaways

The panel will review these and other key issues:

  • How are financial services providers and banks currently using AI?
  • What are the federal and state regulatory developments on the use of AI in banking and financial services?
  • What are the data privacy and cybersecurity considerations with AI?
  • What actions should financial services providers take to maximize the benefits of AI, reduce risks, and stay ahead of the evolving regulatory landscape?