The most insightful EU AI Act intro
One way or another, the EU AI Act isn’t coming. And whether you’re a Fintech founder, a Compliance officer, or a Digital marketer, this changes everything.
Here’s what you can’t afford to miss:
🎥 WATCH THE KEY MOMENT “They’re regulating AI like medical devices — with pre-market checks and strict oversight. Would you launch a new drug without testing? Then why would you deploy unchecked AI?” — Michael Charles Borrelli
The Nutshell Version:
1️⃣ Risk is Everything
- Chatbots = Limited risk (transparency rules apply)
- Credit scoring = High risk (medical-device-level scrutiny)
- Social scoring = Banned outright
2️⃣ The Stakes Are Higher Than GDPR Maximum fines: 7% of global revenue or €35M — whichever makes your CFO sweat more
3️⃣ KYAI is the New KYC “Know Your AI System” isn’t optional — we’re building frameworks now to audit algorithms like we audit financial risk
Why This Actually Helps You?: While US tech giants complain about red tape, Stripe is already pioneering:
- AI-powered dynamic subscription pricing
- Fraud detection that learns in real-time
- Agentic AI for smarter checkouts
“The winners won’t be those who avoid regulation — but those who build trust through compliance.”
Go Deeper! The full 45-minute discussion covers:
- How Lloyd’s of London is already underwriting AI risk
- Why digital IDs will be mandatory for AI agents
- The coming “AI Pact” that will shape best practices
👉 Watch the Full Discussion here. This is the 1st monthly installment on the EU AI Act . If you have questions on how to prepare for the EU AI Act, just share them on the Financial Services Intelligence Hub and Michael will answer them on the upcoming session next month.
👉 Join FSI-Hub for Monthly AI Regulation Briefings
P.S. The Act might get tweaked (thanks to Big Tech lobbying), but the core principle remains: AI that impacts lives needs guardrails. The question isn’t whether to comply, but how to turn compliance into a competitive advantage.
