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Revolutionising risk and compliance: How large language models combat financial crimes

There's a revolution happening in the world of technology, and it's making waves in our society. AI Large Language Models (LLM), such as ChatGPT, have dramatically changed our interaction with technology, sparking both intense excitement and lingering fears of an AI uprising.

Avalara’s new ChatGPT plugin revolutionises sales tax calculation

Avalara, headquartered in Seattle, is a global innovator in tax compliance automation for businesses of varying sizes. Today, Avalara disclosed the integration of its trailblazing plugin with ChatGPT, a first of its kind endeavour by a tax compliance software provider.

Exploring the Impact of Generative AI on Compliance

For the past five months, it has been difficult to avoid talk of generative AI. The technology has captured the imagination of people and they’re either optimistic about how it will transform business productivity or see them out of a job. The question is, how will it transform compliance?

Navigating the risk and reward of Generative AI in financial services

An area of focus in the tech industry recently has been ChatGPT. A form of Gen AI, the product has sent shockwaves across industries.

European national privacy body forms ChatGPT taskforce

The European Data Protection Board (EDPB) has formed a ChatGPT taskforce to establish privacy guidelines on the AI platform.

ChatGPT can return to Italy if OpenAI complies with privacy rules,...

ChatGPT could be allowed to return to Italy if OpenAI complies with privacy rules underlined by the Italian watchdog Garante.

SteelEye integrates ChatGPT with its surveillance platform

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.

The next revolution: could Gen AI bring RegTech into a new...

The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.   

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