Power 30: AI Under the Hood: Hidden Risks and Essential Compliance Checks for Auto Finance
AI is on a fast track - Practical guidance to stay ahead
Zoom Meeting Link
Event Details
Artificial intelligence is on the fast track… in the auto‑finance lifecycle—from marketing on the front end to underwriting, fraud detection, servicing, collections, and model monitoring on the back end. Adoption appears to be accelerating, and regulators are not letting off the gas. We will translate the latest signals from regulators (transparency, explainability, and fairness) into actionable guidance for auto finance companies. Join us for a quick discussion focused on when and how to disclose AI use in consumer interactions, why offering human escalation/opt‑outs still matters, and how to effectively document your compliance strategy.
Compliance Professionals Earn .5 NAF Recertification Credits
Featured Speaker:
Meg Nicholls, Hudson Cook, LLP
Meg is a partner at Hudson Cook's Fort Worth, Texas office. She advises businesses on compliance with the Fair Credit Reporting Act, the Gramm-Leach Bliley Act and various other consumer financial laws. Meg helps her clients improve their compliance management systems by conducting thorough regulatory assessments and strategizing about practical compliance approaches. She also helps clients respond to security incidents and update information security programs to meet current Safeguards Rule requirements. As a former chief compliance officer for a consumer reporting agency that specialized in helping companies fight fraud, she has a unique grasp of how fraud affects the consumer financial industry and values the opportunity to help her clients address trending fraud and identity theft issues. Meg is particularly skilled at drafting easy to understand consumer correspondence, consents, and notices, and has extensive experience guiding clients in their responses to human trafficking block requests that consumer reporting agencies must address.
Prior to joining Hudson Cook, Meg served as the head of compliance and privacy for GIACT Systems, LLC, an identity verification and fraud prevention company, where she designed, implemented, and maintained a compliance management system to ensure compliance with federal and state consumer reporting and privacy laws. Meg also previously served as corporate counsel for CoreLogic and as an attorney in the consumer financial services practice at a national firm.
Meg graduated with a degree in Biology and a minor in Communications from the University of Dayton, and earned her J.D. from the University of Dayton School of Law. She is licensed to practice in California and Texas.