EU AI Act: What Businesses Need to Know Now to Prepare

The EU AI Act is set to reshape how organizations develop, procure, and use AI across the payments ecosystem. For retailers, technology companies, and payment service providers (PSPs), the new regime raises important questions around fraud detection, customer monitoring, risk scoring, governance, transparency, and regulatory accountability.

In this session, Alex Kirkhope and Thomas Brown will provide a practical overview of the EU AI Act and its implications for merchants, PSPs, and payments businesses. The webinar will explore how the Act applies to AI-enabled fraud prevention and payment services, identify potential high-risk use cases, examine regulatory obligations, and discuss the steps organizations should be taking now to prepare for compliance.

Attendees will leave with a clearer understanding of the legal, operational, and commercial considerations arising from the EU AI Act and the key actions needed to support responsible AI deployment across the payments ecosystem.

Why Attend

• Understand how the EU AI Act applies to merchants, PSPs, and payments businesses
• Learn how the regulation may affect fraud detection, customer monitoring, and risk scoring
• Identify AI use cases that may be classified as high risk
• Explore key governance, transparency, and regulatory obligations
• Gain practical guidance on preparing for compliance and supporting responsible AI deployment

Who Should Attend

This session is open exclusively to MRC members, including retailers, merchants, payment service providers, technology companies, and solution providers involved in payments, fraud prevention, compliance, legal, risk management, governance, and AI strategy.