archiveAI compliance

In a bold step forward for financial oversight, IBM has unveiled a new AI-powered risk engine aimed at helping financial institutions detect compliance violations faster and more effectively. This initiative builds on IBM’s expertise in AI governance and risk management, blending advanced analytics with regulatory compliance to offer smarter, more...

In today’s fast-moving world of artificial intelligence, data is the new currency. For startups, having access to high-quality datasets can be the difference between success and failure. But as the AI landscape becomes more competitive and privacy regulations tighten, many startups are moving away from relying on third-party data providers....

As artificial intelligence becomes increasingly integrated into business operations, legal experts are raising concerns over AI-related risks that traditional insurance may no longer cover. The growing complexity and unpredictability of AI systems have made some liabilities effectively uninsurable, leaving companies exposed to potential financial and reputational losses. The Rise of...

The financial services industry is entering the age of artificial intelligence, yet it must come to terms with the challenges that AI presents. Institutions need AI solutions that are not only smart but also reliable and transparent, capable of handling tasks ranging from regulatory compliance to fraud prevention and risk...

A-Series Startup Delve Raises $32M, Valuation at $300M Movers & Shakers: How Two 21-Year-Olds Built a $300 Million Business with A.I. and Enterprise Software In a meteoric rise in the artificial intelligence and enterprise software community, two 21-year-old MIT dropouts—Karun Kaushik and Selin Kocalar—have just raised $32 million in a...

In a decision that reignites a simmering debate over Big Tech’s obligations in the era of artificial intelligence, Meta has now formally declined to sign Europe’s code of practice connected to the looming AI Act. The move comes just weeks before the European Union’s historic restrictions on general-purpose AI (GPAI)...

With the rise of generative AI (Gen AI) systems being routinely implemented into enterprise environments—whether that’s writing copy or code, making decisions, or interacting with customers—the potential consequences have never been so significant. These systems hold the promise of game-changing efficiencies and creative breakthroughs, but they also bring a unique...

In a daring step that could set the stage for the AI ecosystem worldwide, the EU has become the first jurisdiction to pass into law its much-anticipated Artificial Intelligence Act (AI Act). Touted as the world’s first all-encompassing AI regulation, this bill has sent ripples through the tech world —...

As AI plays an increasingly important role in our lives—from autonomous vehicles and hiring systems to underwriting and lending decisions—the issue of ethics in automation has never been more pressing. AI’s strength lies in data analytics, pattern recognition, and hyper-efficient decision-making at scale. But as we know, with great power...

Brussels, 10 July 2025 – The European Union has announced that it will continue with the scheduled rollout of its world-first Artificial Intelligence Act (AI Act) despite increasing global regulatory uncertainty and industry calls to delay implementation. This week, the European Commission reaffirmed that the legislative timeline remains unchanged and...

Introduction At a time when digital threats are on the rise and breaches threaten businesses and individuals alike, OpenAI has moved to strengthen its defenses. The artificial intelligence juggernaut has launched a broad range of internal and external security updates aimed at: Keeping intruders at bay Reinforcing user trust Safeguarding...

For organizations that want to take advantage of AI, there is no longer a need to use only cloud-based tools like ChatGPT, which typically involve the uploading or sharing of sensitive data. Today, it’s completely feasible to deploy and execute private AI models on a local device, all the while...

A new report by cybersecurity consultancy, CyXcel, finds 29% of UK businesses questioned have only recently established their first AI risk strategy, with 31% still without an AI governance policy in place at all. But a third of businesses already know that artificial intelligence (AI) could be a threat to...