AIAims to Unlock Healthcare's Hidden Data - PYMNTS.com
As travel and hospitality regain momentum, outdated payments systemsriskderailing progress, cutting into. Download the Money Mobility Tracker® …
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Covers: Regulation & PolicyBanking & FinanceCybersecurityHallucinations & FabricationChatbots & LLMsMarkets & InvestmentAI Safety & Existential RiskGovernment & Public SectorRetail & E-commerceGovernance & Risk Management
MIT's AI Risk Database May Prompt Business Processes Changes - PYMNTS.com
MIT researchers' newartificial intelligence riskdatabase could prompt companies to overhaul their AI strategies, potentially slowing adoption …
Collaborative Defense: The Role of 'Intelligent Friction' and AI in Fraud Prevention
PYMNTS.com Bullock introduced the concept of “intelligent friction,” which emphasizes applying security measures based on the level ofriskassociated with a …
This Week in AI: From Meta to Apple, Big Tech Bets Big onAI- PYMNTS.com
PYMNTS.com...AI tech. The FTC is tackling potentialrisksto consumers and businesses, taking action against deceptive AI practices and unfair usage. It's also …
Investors Increasingly Skeptical ThatAIOpportunities Outweigh High Costs - PYMNTS.com
...risksrelated to their efforts in AI. Bloomberg reported that at least a dozen major tech companies have added or updatedAI-related warnings in …
Companies Assess Compliance as EU'sAIAct Takes Effect - PYMNTS.com
“Banks utilizing AI technologies categorized as high-riskmust now adhere to stringent regulations focusing on system accuracy, robustness and …
AIEthics Tackles Issues Arising From Machines Making Decisions - PYMNTS.com
From privacy concerns to racial bias, from job displacement to existentialrisks,AI ethics grapples with the moral implications of our increasingly …
Bias & FairnessPrivacy & SurveillanceAI Safety & Existential RiskJobs & the Economy
Anthropic Named 'Best Performing' LLM asAIArms Race Intensifies - PYMNTS.com
The company on Monday (July 29) announced its latest “Hallucination Index,” which ranks the performance ofAILLMs from the likes of OpenAI, Anthropic …
GlobalAIRegulation Heats Up: Watchdogs Unite, Tech Giants Push Back - PYMNTS.com
“There arerisksthat firms may attempt to restrict key inputs for the development of AI technologies,” the regulators warned, highlighting the need …
Amazon'sAIAlignment Call Sparks Industry Debate - PYMNTS.com
...AI risks. “It's like the fox suggesting a security upgrade for the henhouse,” Lars Nyman, chief marketing officer at CUDO Compute, a decentralized …
Amazon Calls for Development of Global Rules for ResponsibleAI- PYMNTS.com
PYMNTS.com After Big Tech firms agreed to manage artificial intelligence (AI)risks, Amazon said there is a need for global alignment on responsible AI …
OCC: Banks Unprepared for Cyberattacks and Other Risks- PYMNTS.com
PYMNTS.com What's different now is that both sides are armed with some really impressive technology,” Michael Shearer, chief solutions officer at Hawk AI, said …
AILets People Chat With 'Clones' of Departed Loved Ones - PYMNTS.com
So if it works too well, that's thedanger,” he said. “Having too much consoling, too much satisfying experience of a dead person will apparently …
This Week in AI: From Mini GPTs to Construction Cash Flow - PYMNTS.com
...riskslike algorithmic bias and data privacy issues. Creativity Paradox: Boosting Individuals, Flattening Industries? A UK study reveals AI's …
Meta'sAIRetreat May Signal EU Regulatory Minefield - PYMNTS.com
The act prohibits certain AI practices and sets out regulations on “high-risk”AI systems,AI systems posing transparencyrisksand general-purpose AI …
Lighthouse Debuts AI-Powered Solution for Independent Hoteliers - PYMNTS.com
And last year, Tripadvisor launched a feature that uses AI to develop personalized travel itineraries based on its collection of over a billion user …
House:AI'sGrowing Role in Finance Brings Opportunity and Risk- PYMNTS.com
PYMNTS.com AI offers an opportunity to revolutionize finance but brings thorny newrisks, a bipartisan House panel warns …
EU'sAILegislation: Protection or Innovation Stifler? - PYMNTS.com
The European Union's pioneering legislation, the Artificial Intelligence Act, aims to protect humans from the potentialdangersof AI …
OpenAI Whistleblowers: Company Barred Employees From Talking to Regulators
PYMNTS.com... artificial intelligence (AI)risks. The whistleblowers say the AI company handed down overly restrictive agreements for employment, nondisclosure …
Tech Giants Warn of AI Risksin Recent Regulatory Filings - PYMNTS.com
Microsoft's filing expressed a generally optimistic view of AI but underscored thedangersof poor implementation. The company warned that flawed …
Discover Global CISO on the Connection Between Security and Customer Lifetime Value
PYMNTS.comwe need to find ways to manage thatriskeffectively.” He said AI and machine learning can help with identifying vendorrisksand staying up to date …
The Dawn of Self-Aware AI: How Metacognition Could Reshape Commerce - PYMNTS.com
In the financial sector, metacognitive AI could transformriskassessment and investment strategies. JPMorgan Chase has been at the forefront of …
The Week in AI: Anthropic'sAISafety Initiative, Regulation Battles - PYMNTS.com
AI Risks Hit Investor Radar: Tech Giants Sound the Alarm. Bloomberg reported tech giants are quietly adding AI to their risk rosters. From Meta to …
California Lawmakers AdvanceAIRegulation Bill Amid Industry Backlash - PYMNTS.com
California lawmakers have advanced a piece of legislation aimed atartificial intelligence(AI) ...risks, such as manipulating electric grids or aiding …
Tech Firms Caution Investors AboutAI-Related Risks- PYMNTS.com
PYMNTS.comA growing number of tech firms are reportedly cautioning investors aboutrisksrelated to their efforts inartificial intelligence(AI) …
AIRevolution Poses Opportunities and Challenges for Central Banks, BIS Official Says
PYMNTS.com Artificial intelligenceis poised to transform the financial sector and broader economy, creating opportunities andrisksthat central banks must …
AIExplained:AIAlignment - PYMNTS.com
...AI systems could wreak havoc on bottom lines and consumer trust. Recent incidents have highlighted theserisks, fromAI-powered chatbots leaking …
Report: Apple's Device Longevity MakesAIMore Important - PYMNTS.com
In contrast, those who neglect alignment concerns could face significantrisksand liabilities. Venture capital firms are increasingly factoring …
Microsoft RevealsAISecurity Flaw That Threatens eCommerce and Financial Services
PYMNTS.comA newly discovered security vulnerability inartificial intelligence(AI) systems could pose significantrisksto eCommerce platforms, …
BIS: Financial Sector Among 'Most Exposed' toAIBenefits,Risks- PYMNTS.com
PYMNTS.com The financial sector is among the “most exposed” to both the benefits and therisksof AI, the Bank for International Settlements (BIS) said …