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AI Regulations for Financial Services: South Korea and the UK

Perficient

While the Personal Information Protection Act (PIPA) includes provisions related to AI, such as the exercise of data subjects’ rights concerning automated decision-making, comprehensive legislation has yet to be enacted. South Korea In South Korea, efforts to enact the AI framework act have been underway since 2020.

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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers.

Exercises 206
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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. Operational Efficiency and Effectiveness Adopting regulatory risk and compliance practices is not merely a box-ticking exercise. This ensures a seamless and compliant global operation.

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Federal Reserve Releases 2021 CCAR Testing Scenarios

Perficient

The annual exercise evaluates large banks’ resilience by estimating their loan losses and capital levels—which provide a cushion against losses—under hypothetical recession scenarios that extend nine quarters into the future.

Exercises 309
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CA DFPI exercises its new enforcement authority against coding school’s income-based deferred tuition agreement

CFPB Monitor

Lambda discontinued ISAs for California students as a condition of receiving approval to operate from the California Bureau of Private Postsecondary Education in August 2020.). (Lambda offers California students the option to defer tuition through income-based retail installment contracts.

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Leverage AI to Automate Invoice Processing using ServiceNow’s Low-Code Solution

Perficient

For businesses, the benefits of Automated Invoice Processing translate to significant time savings, reduction in processing errors, operational cost savings, and improved employee productivity. It’s part of the ServiceNow Source-to-Pay Operations offering, which encompasses the entire process from sourcing to payment.

Training 221
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Leverage AI and Automated Invoice Processing using ServiceNow’s Low-Code Solution

Perficient

For businesses, the benefits of Automated Invoice Processing translate to significant time savings, reduction in processing errors, operational cost savings, and improved employee productivity. It’s part of the ServiceNow Source-to-Pay Operations offering, which encompasses the entire process from sourcing to payment.

Training 221