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Unlocking the full potential of enterprise AI

CIO

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] Without the necessary guardrails and governance, AI can be harmful.

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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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Western sanctions against Russia: Tips for tech companies managing compliance risk

TechCrunch

and leader of the firm’s National Security Team, counsels clients in the technology/software industry on the full range of issues arising under economic sanctions and export control regulations. Companies can mitigate this risk by conducting due diligence on counterparties and by auditing sales channels. technology or software.

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EXL Code Harbor streamlines platform migration, data governance, and workflow assessment

CIO

EXL Code Harbor is a GenAI-powered, multi-agent tool that enables the fast, accurate migration of legacy codebases while addressing these crucial concerns. How Code Harbor works Code Harbor accelerates current state assessment, code transformation and optimization, and code testing and validation. Optimizes code.

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Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform

TechCrunch

Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 Alloy was founded primarily to fix a “broken” onboarding process that has historically involved manual review when people applied for bank accounts online. billion valuation.

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Blockchain: Distributed Shared Ledger Technology in Banking

Hacker Earth Developers Blog

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. But when it comes to intra-organizational processes, challenges arise due to process design and lack of mutual trust. Benefits of Blockchain in banking.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software.

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