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KuantSol News and Events

Bank Regulators Say That While AI Is New, It Is Not Immune to Old Rules

Senior bank regulators stated that financial institutions’ utilization of artificial intelligence ought to have risk controls in place to manage potential disadvantages, suggesting that old regulations may be imposed on the new technology. Officials from the Federal Reserve Board of Governors and Office of the Comptroller of the Currency cautioned that besides machine learning guidanceContinue reading “Bank Regulators Say That While AI Is New, It Is Not Immune to Old Rules”

Officials From the Federal Government & The City of New York Are Seeking Public Input on Cryptocurrency Regulation

The private sector’s engagement in the digital assets industry is critical, according to government aides from the US Treasury Department, Commerce Department, and New York State Department of Financial Services, not only for technological innovation but also to guarantee it is not used for illicit reasons. Officials from the reporting three agencies spoke at aContinue reading “Officials From the Federal Government & The City of New York Are Seeking Public Input on Cryptocurrency Regulation”

TCF 2022: Bridging the Fintech and Banking Gap

Across both days of the Temenos Community Forum (TCF), the concepts of Banking as a Service (BaaS) and Banking as a Platform (BaaP) were prominent. These subjects were discussed during a meeting led by Ross Mallace, executive vice president, global head of SaaS and partner ecosystem at Temenos, on how to expand your business. WhenContinue reading “TCF 2022: Bridging the Fintech and Banking Gap”

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