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AI could give fintechs a 10-person compliance team

Leela CEO Preeti Krishnan tells PYMNTS that compliance means applying laws to a specific business and making sure they're upheld.

PYMNTSPY
1 Source, 14h ago, first seen 14h ago

TLDR

Leela CEO Preeti Krishnan told PYMNTS that AI can give fintechs a 10-person compliance team. She said lawyers can identify the laws a business must follow, but compliance teams must work out how those laws apply to that business and ensure they're upheld. PYMNTS says Leela uses AI agents to help with that work.

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1 Source

PYMNTS@pymntsLeela CEO: AI can give FinTechs a 10-person compliance team. In an exclusive conversation, Preeti Krishnan tells PYMNTS: "A lawyer can tell you the laws you have to follow...But it’s compliance’s job to figure out how they apply to that specific business, and then make sure they’re upheld. It’s like a hydra." Read the recap of our interview for how Leela uses AI agents to help solve that problem:15h
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    1 Source

    PYMNTS@pymntsLeela CEO: AI can give FinTechs a 10-person compliance team. In an exclusive conversation, Preeti Krishnan tells PYMNTS: "A lawyer can tell you the laws you have to follow...But it’s compliance’s job to figure out how they apply to that specific business, and then make sure they’re upheld. It’s like a hydra." Read the recap of our interview for how Leela uses AI agents to help solve that problem:15h
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