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AI Regulations for Financial Services: Japan

Perficient

On April 19, 2024, the Japanese government published new “AI Guidelines for Business Version 1.0” (the “Guidelines”). Japan currently has yet to pass a law or regulation specifically directed to regulating the use of AI at financial services firms.

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Draft Guidelines Clarify GDPR Scope

PYMNTS

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the European Data Protection Board has published draft guidelines that touch on the data protection regulation’s territorial scope.

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6 Digital Banking Trends for 2025

Perficient

Digital transformation will remain a powerful force, with advancements in AI and machine learning enabling unparalleled operational efficiencies and hyper-personalized customer experiences. By integrating financial services into non-financial platforms, banks can tap into new markets and customer bases, generating additional revenue.

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The role of core deposit intangibles in banking

Abrigo

These reliable customers provide a stable, low-cost funding source that is critical for financial institutions operations. Higher interest rates reflect a higher cost of borrowing from the market relative to the cost of maintaining cheaper deposits, which can make the value of deposit relationships soar.

Strategy 195
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Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA, WizKey Partner For Credit Market Based On Blockchain

PYMNTS

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release. Diokno, Philippines’ Central Bank (BSP) governor in the release.

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New China Guidelines Increase Foreign Business Opportunities

PYMNTS

The world’s second-largest economy wants to make business transactions easier, from nurturing private enterprises to widening market access. The 30-page draft guidelines published by the National Development and Reform Commission (NDRC) aim to reverse a slowdown of economic growth partially caused by the U.S.

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Real-Time Data Strategy: Three Steps to Start Investing

Perficient

Three Guidelines to Follow. Organizations can avoid both pitfalls of a real-time data strategy by following three, easy-to-administer guidelines. Does the organization have the processes and operating model in place to support this new revenue model? Business drivers: How is the business going to make use of what is built?

Strategy 322