The rapid adoption of artificial intelligence (AI) in the financial services industry is transforming operations, enhancing efficiency, and expanding access to credit. However, this technological revolution also brings significant regulatory challenges. Federal Reserve Governor Michelle W. Bowman’s
As artificial intelligence (AI) continues to be adopted across industries and data centers multiply to accommodate growing data needs, cybersecurity concerns are intensifying at an alarming rate. This intersection of increased AI usage and the expansion of data centers is contributing to emerging
In the evolving financial landscape, cross-border payments represent a sector with significant growth potential, driving the future of global commerce. By 2023, the total value of cross-border payments reached an impressive $190.1 trillion and is projected to climb to $290.2 trillion by 2030, with
Artificial intelligence (AI) is often associated with visible applications such as chatbots, self-driving cars, and AI-generated art, but there is a more profound AI revolution quietly transforming the management of critical infrastructure. This unseen AI is enhancing the efficiency, resilience,
Across the globe, governments are rapidly adopting artificial intelligence (AI) technologies to enhance public services, effectively navigating unique historical, economic, and social contexts. From the United States to Europe, and Asia to Africa, AI is being utilized in various innovative ways,
The rapid advancement of artificial intelligence (AI) technology has brought about significant changes in various fields, including the creation of original works of art, music, and literature. As AI systems become more sophisticated, they are increasingly capable of generating content that rivals
