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With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems

TechCrunch

The last year has been one of financial hardship for billions, and among the specific hardships is the elementary one of paying for utilities, taxes and other government fees — the systems for which are rarely set up for easy or flexible payment. Same with tickets and other fees and fines. Image Credits: Promise.

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Due diligence is ever more critical as the battle for cloud sovereignty intensifies

CIO

After Google’s cooperation with T-Systems and the “ Delos ” offer from Microsoft, SAP, and Arvato, AWS now follows suit. Across the globe, customers should not wait any longer for a magical one size fits all solution or ever trust that their due diligence of regulatory requirements can be delegated to any vendor.

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Four investors explain why AI ethics can’t be an afterthought

TechCrunch

A founder recently told TechCrunch+ that it’s hard to think about ethics when innovation is so rapid: People build systems, then break them, and then edit. Some investors said they tackle this by doing due diligence on a founder’s ethics to help determine whether they’ll continue to make decisions the firm can support.

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CIOs look to sharpen AI governance despite uncertainties

CIO

As more generative AI projects move from proof-of-concept to production, CIOs will be shouldering the additional pressure of enacting AI governance policies to protect the enterprise — and their jobs. I don’t see a future where AI governance is owned by a single entity or government itself — it’s just too challenging.

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Innovation Systems: Advancing Practices to Create New Value

Download this Special Report by MIT Sloan Management Review to learn about: The concept of radicalness and how its intertwined with innovations Innovative governance ideas that have the potential to influence organizational changes Simple decisions that can set teams on a path toward either incremental or breakthrough innovations

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What is data governance? Best practices for managing data assets

CIO

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

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SVB contagion: UK arm shuts down, government scrambles and startups brace for the worst

TechCrunch

In a statement, the BoE said: “SVB UK has a limited presence in the UK and no critical functions supporting the financial system. And if all goes well, the buyer will move quickly, but they’ll need to do due diligence, so that won’t happen overnight.