Source: Law.com

Law.com discusses how BNY Mellon’s legal department played a critical role in enabling the bank’s adoption and development of generative AI technologies. The article highlights the legal strategies and compliance measures implemented to manage risk, ensure regulatory adherence, and foster innovation.

It emphasizes the increasing importance of legal teams in guiding AI projects within financial institutions, balancing technological advancement with legal and ethical considerations. The piece showcases how effective legal involvement can accelerate AI integration in complex, regulated industries.