TechREG

How Could Generative AI Change Payments Processing?
How Could Generative AI Change Payments Processing?
May 24, 2023  |  Artificial Intelligence

While generative artificial intelligence (AI) makes headlines, the technology has for years been driving efficiencies. Particularly within the payments space. Already, automated machine learning (ML) and predictive...

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Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
May 23, 2023  |  Cryptocurrency

Cryptocurrency, which once aimed to democratize finance, finds itself operating across an increasingly fragmented landscape. The sector’s former goals of global connectivity are now being...

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US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Legal & Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...

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ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
May 16, 2023  |  Fraud Prevention

ComplyAdvantage says it is using artificial intelligence (AI) to ferret out financial crime. The fraud prevention firm announced Tuesday (May 16) the release of Fraud...

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Washington Races to Develop and Implement Effective AI Policy
Washington Races to Develop and Implement Effective AI Policy
May 16, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) has captured both the public imagination and lawmakers’ attention. Sam Altman, co-founder and CEO of OpenAI, the bleeding-edge company behind the buzzy ChatGPT,...

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CFPB’s Small Business Lending Rules Headed for More Scrutiny on Capitol Hill 
CFPB’s Small Business Lending Rules Headed for More Scrutiny on Capitol Hill 
May 15, 2023  |  Legal & Regulation

Small business lending’s new data-driven approach may be headed for more scrutiny on Capitol Hill. To that end, Rep. Maxine Waters (California), the top Democrat...

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DOJ’s Crypto Chief: No Exchange is ‘Too Big to Fail’
DOJ’s Crypto Chief: No Exchange is ‘Too Big to Fail’
May 15, 2023  |  Cryptocurrency

America’s cryptocurrency czar has promised an industry crackdown, regardless of the size of the exchange. In an interview with the Financial Times published Monday (May...

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EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
May 11, 2023  |  Artificial Intelligence

European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...

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Everseen Raises $71 Million to Battle Retail Theft With AI
Everseen Raises $71 Million to Battle Retail Theft With AI
May 11, 2023  |  Investments

Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at...

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