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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

However, this unprecedented growth has also raised concerns about the potential risks associated with the unchecked use of AI, prompting the need for regulations to ensure the responsible development and deployment of these powerful technologies.

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How to implement the General Data Protection Regulation (GDPR)

IBM Services

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 Organizations must document the legal basis for every processing operation before beginning. Even the world’s biggest businesses are not free from GDPR woes.

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Navigating the Intelligent Automation 2.0 Era – Top 8 Trends of 2024

Zinnov

The enterprise landscape is on the cusp of a new era – Intelligent Automation 2.0 Businesses are progressing beyond mere task Automation, forging self-learning systems capable of data analysis, independent decision-making, and execution of entire value chains with minimal human involvement. automating even creative tasks.

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WINNING STRATEGIES OF INTELLIGENT AUTOMATION SERVICE PROVIDERS

Zinnov

The Intelligent Automation industry is on the cusp of incredible growth. As of now, Intelligent Automation Services represent a USD 23-25 Bn component of the overall market. UNLOCKING THE DNA OF AUTOMATION SERVICES EXCELLENCE 1. Their ultimate goal? Here’s a closer look at the multifaceted initiatives underway: 3.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

Operations supporting each of these product lines such as loan fulfillment, underwriting, compliance, customer service, and collections could significantly benefit from automation since many of these processes are manual and document-intensive. These are the highest priority processes to automate. Ignore them.

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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

Read on to discover the future of blockchain in this blog. Blockchain allows banks to automate their back-office operations and reduce manual errors, which can result in significant savings for businesses. Authentication Blockchain can be used to provide authentication services on documents such as contracts, loans, etc.,

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Streamlining import/export compliance with content services

Hyland

Creating, managing, and storing import or export documentation is a pain. This blog post explains how to radically simplify documentation work, reduce costs and eliminate errors by going digital using content services. Typically, most of these documents have been paper-based. You don’t need the paper. Retention rules.

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