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Tag: AI Transparency
Why the AI opacity myth could cost firms their licence
A growing argument across the tech sector holds that AI opacity is unavoidable, and even useful for protecting intellectual property and competitive edge. According...
EU AI Act timeline shifts, but RegTech duties march on
The European Union's Digital Omnibus on AI has amended the AI Act, but the headline "delay" is narrower than many firms assume.
According to AscentAI,...
CleverChain joins EU push for AI content transparency
CleverChain has become one of roughly 190 organisations to sign the European Commission's Code of Practice on Transparency of AI-Generated Content, a voluntary framework...
Vendors and FIs diverge most sharply on the explainability challenge for...
Key views of Primary concerns of AI adoption in risk and compliance across FIs and vendors:
Global State of RegTech report surveyed 300 FI...
The role of AI in reshaping the future of anti-financial crime
Whether you're just stepping into the world of AI or you're familiar with its intricacies, Resistant AI and Fintrail are launching a new bootcamp to dive deep into understanding how AI is poised to redefine the future of financial crime prevention.
Large language models in FinTech: A boon or bane for compliance...
The technological revolution is making the job of compliance officers increasingly intricate. From record-keeping to monitoring approved communication channels and adapting to the ever-changing world of social media advertising, the list of challenges seems endless. A burning question for many is the potential influence of large language models (LLMs) on their profession. Will LLMs simplify their tasks or add complexity?
