- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Adopting new technologies is critical for any compliance or audit department, but it’s equally important to choose the right technologies and implementations. The experts at CW’s recent innovation summit have some helpful advice.
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Will technology eventually replace people in the compliance space? Not anytime soon, say experts, who believe human analysis—and accountability—will never go away.
Purported “testimonial and review” service Rytr agreed to stop selling its program that used artificial intelligence to create fake content as part of a consent order with the Federal Trade Commission.
JPMorgan Chase, Wells Fargo Bank, Bank of America, and the company behind online money transfer app Zelle were sued by the Consumer Financial Protection Bureau for allegedly failing to safeguard Zelle’s network and causing customers to lose $870 million, the CFPB alleged.
