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Tag: legal entity

Top 10 Vendors That Help Build Business Credit in 2024

Written by Jerica Kingsbury Published:  Apr 3, 2024 ...

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Air Canada Refunds User After Its AI Chatbot Faked a Policy

A tribunal in Canada has ruled that consumers who get misleading information from AI programs can receive compensation. The Civil Resolution Tribunal of British Columbia...

You’d better be ready to back up your AI chatbot’s promises

Opinion I keep hearing about businesses that want to fire their call center employees and front-line staffers as fast as possible and replace them...

NY Court Fines Trump $355M in Fraud Case, Business Operations Under Threat

Introduction On February 16, 2024, Justice Arthur Engoron of the New York County Supreme Court issued a sweeping decision and order holding former President Donald...

Air Canada must pay after chatbot lies to grieving passenger

Air Canada must pay a passenger hundreds of dollars in damages after its online chatbot gave the guy wrong information before he booked a...

Microsoft Adds Face Check to Entra Verified ID

Microsoft has added facial matching to its Entra Verified ID service, which lets organizations create and issue verifiable credentials to validate claims such as...

Indonesia P2P lender Investree in liquidity crisis

As Indonesian authorities work to raise standards in the country’s booming peer-to-peer lending industry, it is inevitable that smaller and weaker players will be...

EU Agrees on Stricter Anti-Money Laundering Rules

Francesco Fulcoli - Chief Compliance Officer The Council of the European Union and the European Parliament have reached a provisional agreement on reforms to strengthen...

OpenAI Adapts to EU Data Privacy Regulations

OpenAI, the creator of ChatGPT, has altered its operational framework to better align with the European Union’s data privacy regulations. The company plans to...

NordFX Shifts Operations from Vanuatu to St. Lucia

NordFX, known for its forex and CFD services, has raised concerns by using a previously CySEC-regulated entity that now operates as a payment agent. NordFX informed...

Fintech in Singapore: 2023 in Review – Fintech Singapore

by Fintech News Singapore December 21, 2023 In 2023, Singapore actively pursued key initiatives across various domains...

Sam Altman Champions Worldcoin amid Funding Plans

OpenAI's Chief Executive Officer, Sam Altman, has highlighted his plans for Worldcoin, a cryptocurrency venture that aims to establish a global identity and a financial network....

The Unseen Backbone of Banking: A Deep Dive into Matching and Reconciliation

Last year I celebrated two decades of immersion in IT, specifically within the Financial Services sector. During this period I have been a witness...

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