oversight

Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say
Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say
April 18, 2024  |  artificial intelligence

Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging...

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Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
December 26, 2023  |  Artificial Intelligence

With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been...

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New York City Unveils AI Action Plan that Develops Rules Framework
New York City Unveils AI Action Plan that Develops Rules Framework
October 16, 2023  |  artificial intelligence

New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser announced Monday (Oct. 16) the release of the city’s new Artificial Intelligence (AI)...

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UK Goes for Light Touch AI Regulations; While EU Doubles Down
UK Goes for Light Touch AI Regulations; While EU Doubles Down
July 19, 2022  |  Regulation

The U.K. government on Monday (July 18) presented its plan to regulate artificial intelligence (AI) in the country. Like the European Union, the U.K. adopted...

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BitPay CEO’s Crypto Prescription for New Regs: Go ‘Carefully And Cautiously’
BitPay CEO’s Crypto Prescription for New Regs: Go ‘Carefully And Cautiously’
September 01, 2021  |  Cryptocurrency

The initial design of bitcoin was to be a payment method, a unit of currency. Along the way in the decade-plus since its creation by...

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How Continuous Auditing Drives Corporate Spend Optimization
How Continuous Auditing Drives Corporate Spend Optimization
January 26, 2021  |  B2B Payments

Managing spend for organizations typically comes with a lot of paper, manual processes and headaches. Usually, the auditing workflow involves looking at expense reports filed...

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TCV Acquires Spend Management Tech Firm Oversight
TCV Acquires Spend Management Tech Firm Oversight
September 02, 2020  |  B2B Payments

Growth equity firm TCV has acquired spend management tech firm Oversight, according to a press release emailed to PYMNTS, and will help Oversight expand its...

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Security & Fraud

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...

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Pandemic Relief Oversight Bodies Not Yet Fully Functional
Pandemic Relief Oversight Bodies Not Yet Fully Functional
June 17, 2020  |  Coronavirus

Three U.S. pandemic relief oversight boards haven’t completely started their work, even though the country has spent over 50 percent of economic rescue funds Congress...

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