Building on the success of FinTech@CSAIL, CSAIL Alliances is excited to share the latest iteration of the research initiative: FinTechAI@CSAIL. Based on member interest in narrowing scope to the groundbreaking and disruptive impact of AI in finance, this new direction will explore the opportunities and challenges of emerging technology in this space.
FinTechAI@CSAIL connects member companies with leading AI researchers at MIT to learn the capabilities and risks of AI advancements. This initiative will be led by MIT Professor Andrew W. Lo, Director of the MIT Laboratory for Financial Engineering and CSAIL PI. Additionally, FinTechAI@CSAIL will explore how technical developments might impact the global economy through industry applications and considers how policy can be shaped to address these new capabilities. In pursuit of this work, FinTechAI@CSAIL will foster collaborations with other relevant groups at MIT including the Laboratory for Financial Engineering, The Initiative on the Digital Economy, and more.
Through FinTechAI@CSAIL, CSAIL Alliances will bring together researchers, industry leaders, policy makers, regulators, and academics to study new AI technologies, opportunities, technical challenges, and applications within finance. Those involved with FinTechAI@CSAIL will collaborate on workshops, best practices, and create white papers to share knowledge and drive real world impact.
Discover groundbreaking AI technologies, collaborate with top researchers, lead the future of financial operations innovation, and stay ahead in the rapidly evolving financial landscape by joining FinTechAI@CSAIL.
Professor Andrew W. Lo
Faculty Director of FinTechAI@CSAIL
Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, a principal investigator at the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL), and Director of the MIT Laboratory for Financial Engineering.
Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, director of the MIT Laboratory for Financial Engineering, and a principal investigator at the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL). Professor Lo’s current research spans five areas: evolutionary models of investor behavior and adaptive markets, systemic risk and financial regulation, quantitative models of financial markets, financial applications of machine-learning techniques and secure multi-party computation, and healthcare finance. Professor Lo also has a number of industry affiliations, sits on several corporate and non-profit boards, and advises various biotech startups.
As the faculty lead of FinTechAI@CSAIL, Professor Lo aims to develop practical solutions to common industry challenges and provide investors, financial institutions, and regulators with tools for better decision making. His research explores both the positive and negative aspects of financial technology as well as the nature of intelligence—both human and artificial—to better understand markets and financial systems. He hopes to use the power of incredible new technologies like AI to tackle some of the biggest financial and economic challenges of our time.
“FinTech is at an inflection point thanks to recent breakthroughs in hardware, software, telecommunications, and AI. The introduction of large-scale LLMs like ChatGPT has now democratized access to AI so that even non-specialists can benefit from these powerful tools.” ~ Professor Andrew W. Lo, FinTechAI@CSAIL Faculty Director
"Fintech is one of the major multi-trillion-dollar opportunity areas for AI, and Imperial's collaboration with MIT is important for bringing together top universities to focus on collaborative applied research in this area. We can together have greater impact across more economies through joint efforts like these, accessing the insights of thousands of AI researchers at our institutions." ~ Professor David L. Shrier, Imperial College London
“The rise of AI presents both an opportunity and a responsibility. As Malaysia’s national payments infrastructure provider, we’re committed to shaping technology that safeguards trust and financial sovereignty. Collaborating with MIT CSAIL lets us contribute to AI advancements that are ethical, inclusive, and resilient—qualities that will define the next generation of financial systems globally.” ~ Farhan Ahmad, Payments Network Malaysia’s Group Chief Executive Officer
“Citi Innovation Labs is committed to driving innovation at the intersection of AI and financial services, ensuring that emerging technologies help deliver business outcomes for Citi. Through our collaboration with MIT and our role in the FinTechAI research initiative, we aim to foster industry-wide advancements that bring together top academic and industry leaders to shape the future of AI in finance. As Citi, being a global leader in banking innovation, we see this as an opportunity to engage with cutting-edge research, foster industry-wide discussions, and assess how these advancements could drive long-term benefits for financial services and beyond.” ~ Nimrod Barak, Global Head of Innovation Labs at Citi
“As one of the first financial services companies to embrace AI, Amex has been at the forefront of leveraging new technologies to deliver world-class products, experiences, and services that meet the needs of our customers. We are excited to partner with MIT FinTechAI@CSAIL, an organization that is equally committed to responsibly advancing AI innovations that will transform the future of finance.” ~ Hilary Packer, Chief Technology Officer, American Express

If your company is interested in exploring AI and how it will impact and transform financial technology, reach out to Associate Director of CSAIL Alliances Glenn Wong at glennw@mit.edu to get involved.
Sign up for our newsletter to stay informed on the FinTechAI Inituative and other CSAIL Alliances programs.
