Once just the subject of science fiction, artificial intelligence has burst into the mainstream and the technology is advancing at a lightning pace. This presentation will first provide a brief introduction to artificial intelligence. The speakers will then discuss:
- The potential uses of AI in credit and collections, including various generative and other AI tools, with practical examples
- Risks and pitfalls of AI
- Regulatory considerations
- The importance of AI policies and procedures
- How to create AI policies and procedures that are actionable and operational
The presentation will offer a down-to-earth look at what AI technology can—and can't—do for your credit department as well as practical tips to help guide your evaluation, selection, and implementation of AI tools.
Speakers:
- Michael Papandrea, Counsel, Lowenstein Sandler LLP
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
Time: 10:30-11:30 a.m. ET
Location: Bridgewater, NJ