Exciting news 📣 Veritone and OPEXUS have partnered to provide AI solutions to the National Canadian Bank, integrating Veritone's Redact solution into OPEXUS's AI Assist Module for efficient redaction of sensitive information in audio and video data to enhance data privacy workflows and regulatory compliance. More on the partnership here: https://lnkd.in/gexqPzH4
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It is great to see progress in privacy solutions. Zero Knowledge Proofs is the way to go for a future of decentralized finance full compliant with regulators. Although this great paper mentioned by my friend Conor B. does not provide the final solution, we're on the way. And this is very exciting, because it opens a new ocean for builders dive into.
Vitalik lays it down: “In many cases, privacy and regulatory compliance are perceived as incompatible. This paper suggests that this does not necessarily have to be the case”. My summary: The paper discusses how privacy and regulatory compliance can coexist by using a privacy-enhancing protocol (that could use ai elements to adjust to each jurisdiction) that allows users to prove certain properties about the origin of their funds, such as demonstrating they are not tied to illicit sources. Honest users are motivated to prove their compliance while maintaining privacy within a specific group, while dishonest users cannot provide such proof. This flexibility can help users disassociate from undesirable third-party deposits and meet various regulatory requirements.
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LexisNexis Southeast Asia wins the AI - Legal Award at the SBR Technology Excellence Awards 2023. LexisNexis boasts an extensive collection of legal and news data. To help lawyers navigate through this vast amount of information, the Lexis® Clause Intelligence solution utilises AI to provide recommended alternative clauses. Lawyers can focus on adding context, judgment, and understanding of legal work. LexisNexis also prioritises user privacy by design, ensuring data is not tracked during a session, and preserving confidentiality. To know more about this groundbreaking solution, hear more from Sharon Yap, Head of Product, SEA. Learn more about them: https://bit.ly/3rhzIzF #SBRTechExcellenceAwards #LexisNexis #LexisClauseIntelligence
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Discussing AI regulatory collaboration between the EU and the US, Dragoş Tudorache MEP stated that "convergence is key" citing challenges brought by divergent approaches to privacy regulation between the jurisdictions. #AIregulation #regulatorycollaboration #RAID2023
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Greatly looking forward to attending the Global Regtech Summit tomorrow. Lots of interesting talks are on the agenda, but the Evolving Nature of AI and Regulatory Compliance is sure to be a particular highlight of mine! #compliance #regtech #GRTS24
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As governments around the world begin designing the regulatory frameworks for developers, producers and users of #AI services, a number of public policy challenges are emerging as important areas of focused debate. This discussion paper sets out RELX’s position on these key issues. #lexisnexis #regulatorycompliance #relx
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NICE Actimize's Jérôme LAMBERT was thrilled to participate in a panel discussion on surveillance technology drivers, along with other industry representatives, at JWG Group's 6th annual RegTech Conference in London today. Here are some key take-aways from today's discussion: 1. Compliance/risk coverage and efficiency are all key priorities for financial institutions 2. Self-sufficiency and agility are fundamental to being able to detect new risks 3. Communication data archive consolidation is now achievable and foundational to effective surveillance 4. Holistic surveillance can be achieved and remains a key goal for compliance functions 5. AI is here for good and can go a long way toward enhancing the effectiveness of surveillance programs #regtech #financialservices #paneldiscussion #surveillance #AI #holisticsurveillance
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Have you entered yet? Last call for nominations! The call for entry / nominations in the 4th annual RegTech Insight Awards – Europe 2024 are open until Friday 26th January. These awards recognise both established providers and innovative newcomers providing RegTech solutions that have successfully improved firms’ ability to effectively respond to evolving and ever more complex regulatory requirements across the global financial services industry. Enter here: https://lnkd.in/gUgi2aXi #RTIawards #regtech #regtechawards #regulatoryreporting #conductrisk #financialcrime #tradesurveillance #AI #regulatoryintelligence #ESG #EMIR #dataprivacy
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Have you entered yet? Last call for nominations! The call for entry / nominations in the 4th annual RegTech Insight Awards – Europe 2024 are open until Friday 26th January. These awards recognise both established providers and innovative newcomers providing RegTech solutions that have successfully improved firms’ ability to effectively respond to evolving and ever more complex regulatory requirements across the global financial services industry. Enter here: https://lnkd.in/gmdSKqWG #RTIawards #regtech #regtechawards #regulatoryreporting #conductrisk #financialcrime #tradesurveillance #AI #regulatoryintelligence #ESG #EMIR #dataprivacy
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SRAX & GOOGLE - Investor Relations
1moExciting!