#288 How Generative AI is Transforming Finance with Andrew Reiskind, CDO at Mastercard

DataFramed

Generative AI has transformed the financial services sector, sparking interest at all organizational levels. As AI becomes more accessible, professionals are exploring its potential to enhance their work. How can AI tools improve personalization and fraud detection? What efficiencies can be gained in product development and internal processes? These are the questions driving the adoption of AI as companies strive to innovate responsibly while maximizing value.

Andrew serves as the Chief Data Officer for Mastercard, leading the organization’s data strategy and innovation efforts while navigating current and future data risks. Andrews's prior roles at Mastercard include Senior Vice President, Data Management, in which he was responsible for the quality, collection, and use of data for Mastercard’s information services and advisory business, and Mastercard’s Deputy Chief Privacy Officer, in which he was responsible for privacy and data protection issues globally for Mastercard. Andrew also spent many years as a Privacy & Intellectual Property Council advising direct marketing services, interactive advertising, and industrial chemicals industries.

Andrew holds Juris Doctor from Columbia University School of Law and has his bachelor’s degree, cum laude, in Chemical Engineering from the University of Delaware. Andrew is a retired member of the State Bar of New York.

In the episode, Adel and Andrew explore GenAI's transformative impact on financial services, the democratization of AI tools, efficiency gains in product development, the importance of AI governance and data quality, the cultural shifts and regulatory landscapes shaping AI's future, and much more.

Links Mentioned in the Show:

• Mastercard
• Connect with Andrew
• Skill Track: Artificial Intelligence (AI) Leadership
• Related Episode: How Generative AI is Changing Leadership with Christie Smith, Founder of the Humanity Institute and Kelly Monahan, Managing Director, Research Institute
• Sign up to attend RADAR: Skills Edition

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