How AI Is Transforming Compliance and Oversight

Third-party risk assessments have long been a labor-intensive, inconsistent, and often frustrating exercise for banks and third-party payment processors. Manual spreadsheets, email threads, and delayed updates make it difficult to align risk assessments to actual controls, keep pace with regulatory changes, and satisfy board oversight requirements. This session reveals how AI-driven, cloud-based compliance tools are transforming risk assessment into a real-time, transparent, and collaborative process. Attendees will learn how third-party processors and financial institutions can dramatically reduce effort, maintain continuous alignment of risk to controls, and instill confidence with boards, auditors, and regulators. Join this panel to discover how the next generation of third-party risk management turns what used to take enormous manual effort into a streamlined, defensible, and scalable process.