Generative artificial intelligence (AI) holds tremendous promise for financial institutions and their customers. But that promise comes with potential peril, as highlighted in a recent alert issued by the U.S. Treasury...more
11/19/2024
/ Anti-Money Laundering ,
Artificial Intelligence ,
Bank Secrecy Act ,
Deep Fake ,
Financial Institutions ,
FinCEN ,
Fraud ,
Machine Learning ,
Reporting Requirements ,
Risk Mitigation ,
Suspicious Activity Reports (SARs)
According to a recent interview in December 2022, the U.S. Copyright Office (the "Office") signaled that it would focus in 2023 on "legal grey areas" surrounding copyrightability of works generated in conjunction with...more
Online agreements are often favored by providers for their flexibility and for reducing friction in the customer contracting process. A particular benefit is the ability to update these agreements by providing notice to...more
For weeks, COVID-19 has had an incredible and devastating global impact. On March 11, 2020, the World Health Organization officially declared the virus a pandemic. ...more
In spring 2018, Google quietly removed the company’s unofficial motto "don't be evil" from the preface of Google’s Code of Conduct. Although the tech giant retained the phrase in the Code of Conduct's concluding statement, to...more