digital transformation

CFPB Proposes New Algorithm-Based Home Valuation Guidelines
CFPB Proposes New Algorithm-Based Home Valuation Guidelines
February 23, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has proposed new outlines to make sure that the computer models used to help find home valuations are accurate...

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Facial Recognition Is the Biggest Concern on AI
Facial Recognition Is the Biggest Concern on AI
February 23, 2022  |  artificial intelligence

When people talk about artificial intelligence (AI), some people think about robots taking over humanity, but the reality is that AI is more about companies...

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Facial Recognition Company Clearview AI Seeks Gov’t Deals Despite Regulatory Woes
Facial Recognition Company Clearview AI Seeks Gov’t Deals Despite Regulatory Woes
February 23, 2022  |  Biometrics

The CEO of Clearview AI, the New York-based facial recognition company, has told Reuters that his goal this year is to ink deals with the...

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Credit Unions Partner With FinTechs to Compete Like One
Credit Unions Partner With FinTechs to Compete Like One
February 23, 2022  |  Credit Unions

The digital transformation has made the financial landscape more crowded and competitive than ever before. Credit unions (CUs) face the dual challenge of finding ways...

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Cities Turn to AI-Powered Solutions to Tackle Traffic Challenges
Cities Turn to AI-Powered Solutions to Tackle Traffic Challenges
February 23, 2022  |  Connected Economy

Ninety-nine percent of the traffic lights in the world use technology that hasn’t been improved in more than a century. Add up all the ones...

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Tesla’s Autopilot Feature Faces Regulatory Headwinds in Germany
Tesla’s Autopilot Feature Faces Regulatory Headwinds in Germany
February 21, 2022  |  Regulation

Tesla is facing new regulatory headwinds, this time in Europe, due to one of its autopilot features. According to the German newspaper Bild, the electric...

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BoE and FCA Favor a Light Touch Approach to AI Regulation
BoE and FCA Favor a Light Touch Approach to AI Regulation
February 21, 2022  |  News

The Bank of England and the Financial Conduct Authority released their final report on the Artificial Intelligence Public-Private Forum, where regulators discussed the benefits and...

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EMEA Daily: Crypto Products Less Regulated in UK Than in US, EU Brings Legal Fight to WTO Over China’s Alleged Patent Infringement
EMEA Daily: Crypto Products Less Regulated in UK Than in US, EU Brings Legal Fight to...
February 18, 2022  |  International

In today’s top Europe, Middle East, and Africa news, cryptocurrency lenders face less regulation in the U.K. than in the U.S., and the European Union...

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Final UK AI Public-Private Forum Report Says Governance ‘Crucial’
Final UK AI Public-Private Forum Report Says Governance ‘Crucial’
February 18, 2022  |  Artificial Intelligence

More than one year after regulators in the United Kingdom vowed to analyze the impact of artificial intelligence (AI), a report details the challenges and...

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