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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Want to chat with Carlos Caro, our host? Email him at carlos@newmarketgrowth.com