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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. Financial institutions must emphasize trust-building measures by preserving data privacy and consumer protection to mitigate risk in AI systems.

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Overview of AI Regulations and Regulatory Proposals of 2023

Centraleyes

Instead, the focus is expected to be on targeted measures such as funding AI research and ensuring AI child safety, reflecting a nuanced approach to navigating the complexities of AI governance. As AI continues to reshape industries and societies, the regulatory landscape evolves in tandem.

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FTC Warns US Citizens of ‘Instant Cash Payments’ Scammers Impersonating the Agency

Hot for Security

The US Federal Trade Commission (FTC) has released information on scammers impersonating the agency, warning the public that the criminals operate a spoofed website to trick consumers into disclosing financial information, with a tantalizing promise of instant cash.

Scams 97
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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 A portion of the Jan.

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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Thales Cloud Protection & Licensing

Business leaders must navigate this constantly evolving regulatory environment to maintain compliance, protect their organizations, and safeguard the trust of their customers. This blog will briefly overview the most essential developments shaping the legislative and compliance environment.

Risk 71
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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Security Boulevard

Business leaders must navigate this constantly evolving regulatory environment to maintain compliance, protect their organizations, and safeguard the trust of their customers. This blog will briefly overview the most essential developments shaping the legislative and compliance environment.

Risk 72
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Data Privacy in the United States: A Recap of 2023 Developments

Centraleyes

California – A 127: State Government California’s A 127 focuses on the California Age-Appropriate Design Code Act and the California Children’s Data Protection Working Group. Delaware – H 154: Delaware Personal Data Privacy Act Delaware’s H 154 focuses on personal data privacy and consumer protection.