On Friday (May 13), national and international public officials provided testimony in a public hearing hosted by the House Committee on Financial Services about the use of artificial intelligence (AI) for effective RegTech. Get the Full Story Complete the form to unlock this article and...
The EU Parliament discussed Wednesday (May 11) a draft report with the proposed amendments to the Artificial Intelligence Act, and while the different parties seem to agree on the most important issues in the regulation, lawmakers will still have to iron out a number of...
Asset management FinTech startup Akros Technologies is listing an exchange-traded fund (ETF) powered by artificial intelligence (AI) — Akros Monthly Payout ETF — on the New York Stock Exchange (NYSE) under the ticker MPAY. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
FIRMUS, an Israel-based pre-construction AI and computer vision startup, has raised $4.5 million in seed funding, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Artificial intelligence (AI) lending platform Upstart will be debuting Upstart AI Lending for Salesforce, which will bring AI-based lending to the financial services industry, a press release said Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The European Parliament is setting the European roadmap for Artificial Intelligence regulation, focusing on strengthening relationships with the U.S. and other allies to be able to settle global standards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Facebook owner Meta Platforms Inc has expanded access to a large language model to include the artificial intelligence (AI) community to aid in research, the company announced on Tuesday (May 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Digital Regulation Cooperation Forum (DRCF), a group of four U.K. regulators, published last week, April 28 two documents where it provided businesses with guidance about the benefits and risks of artificial intelligence (AI) and machine learning (ML) and how to audit algorithms. Get the...
The Federal Trade Commission (FTC) is the federal agency leading the regulatory efforts in the U.S. on artificial intelligence (AI). Since November 2021 when it issued limited guidance in AI and machine learning and later through enforcement actions in 2022, the FTC has made clear...
