AIR - Alliance for Innovative Regulation

In partnership with the American Fintech Council (AFC) and Orrick, Herrington & Sutcliffe LLP, AIR is co-hosting a half-day Mini TechSprint in Washington, D.C. on November 20, 2024. The focus of this hack-a-thon style event will be to explore how regulators might gain more visibility into and thereby knowledge of #fintech's technologies, business activities, banking relationships, risk profile and business continuity plans so that all parties can be informed and aligned. 📅 November 20th ⌚ 8:00am – 1:00pm ET 🗺 Washington, D.C. Learn more and register: https://lnkd.in/eNCE4rHd #finance #technology #innovation

Lots of great response to our Money20/20 panel on how to bring “marginalized” smaller financial providers into the mainstream of today’s high-tech finance, through regulatory clarity. Huge thanks to my fellow panelists Kyle Hauptman (NCUA) and Cleve Mesidor (Blockchain Foundation) for your insights. #Money2020usa #technology #finance #innovation #regulation

The AIR team is deeply saddened to hear of the passing of Dr Mike Katell from the Alan Turing Institute. Earlier this year, Mike graciously dedicated his time to support an AIR panel on AI Ethics. His contributions were invaluable, offering unique and compelling perspectives that enriched our discussions. Mike was not only an insightful thinker but also a generous, warm, and compassionate individual. It was truly a privilege to have spent time with him.

What is AIR? Hear the answer from our CEO and Co-founder Jo Ann Barefoot in this new video. 🎥 Curious about our work and the impact we make? Browse some of our other videos on our NEW YouTube Channel ➡️ https://lnkd.in/esb2RZxM #finance #innovation #technology #nonprofit Flourish Ventures

AIR and Google Cloud jointly released a new white paper exploring how model risk management (MRM) frameworks and established governance practices can be applied to manage risks for financial institutions in gen AI contexts. ✍️ Read the blog from Jo Ann Barefoot and Behnaz Kibria: https://lnkd.in/evaqxHNt ✔️ Download the free white paper: https://bit.ly/3AaYWVb #technology #ai #genai #finance #innovation #compliance

💡 New Insights: Adapting Model Risk Management for Financial Institutions in the Generative AI Era → https://lnkd.in/evaqxHNt Today, AIR and Google Cloud are jointly releasing a white paper exploring how model risk management (MRM) frameworks and established governance practices can be applied to manage risks for financial institutions in gen AI contexts. 📝 Perspectives from Jo Ann Barefoot and Behnaz Kibria on the blog. ⏬ Download the free new white paper: https://lnkd.in/evaqxHNt #ai #technology #genai #finance

🚨 📢 Last call to apply! Applications are closing soon for the Minimum Viable Product (MVP) Track of the virtual #TechSprint to Combat Digital Payment Fraud in West Africa ▶ https://lnkd.in/e9MAYHcd From 18 – 22 November 2024, AIR invites existing teams and organizations with an idea, prototype or MVP that addresses payment fraud to join the 5-day virtual TechSprint. 💡 Learn more about the MVP track from the participant pack ▶ https://bit.ly/3ZZhu5m 📅 Application closing date: 25 October 2024. #DPFtechsprint #westafrica #regtech #fintech #innovation #technology

🔎 The paper explores the strategic aspects of digital transformation, emphasizing the transition from an approach that relies on human judgment, heuristics and fragmented data to technology-enabled, data-driven decision-making processes. Written by a former regulator, Nick Cook now serves as Chief Innovation Officer at AIR. ☑️ Download your free copy: https://lnkd.in/dkxddWwj 🎧 📺 Listen or watch Nick discuss the paper with Jo Ann Barefoot on her #podcast: https://lnkd.in/eTknw475 #innovation #culture #data #technology #finance #regulation

I hope to see many of you at Money20/20 USA this year. I'll be speaking alongside Cleve Mesidor of the Blockchain Foundation and Kyle Hauptman of the NCUA on The Briefing Room Stage. Consumers often prefer small financial institutions that can cater to their unique needs. As tokenization and #AI transform Wall Street and the mega-banks, the ‘little guys’ like credit unions, MDIs, and CDFIs need regulatory clarity to have their own innovation moment. Join me in Las Vegas ⏩ https://lnkd.in/gyVrRV4R #Money2020USA

AIR, the National Bankers Association (NBA) and our partners have identified 5️⃣ main challenges (the "five Cs") that MDI institutions face in upgrading their digital capabilities. 1️⃣ Capital Limits 2️⃣ Cost 3️⃣ Capacity Strains 4️⃣ Change Gap 5️⃣ Core Struggles For MDIs looking to upgrade their tech stack, one or more of these limitations can strain their efforts to overcome their digital disadvantages. ✅ Download the full white paper to explore how each of these challenges hinder MDIs from reaching their full digital potential ▶️ https://lnkd.in/emBPbujw #technology #financialinclusion #innovation