Technology

Foundational models like GPT-4, the large language model behind ChatGPT, have hoovered up content from publications like The New York Times and social media sites like Reddit and OpenAI, and it faces several lawsuits because of this. John Thompson, global head of artificial intelligence at EY and author of the book "Data for All," has set up what is believed to be the largest private, secure generative AI environment in the world, with a focus on keeping internal data protected.

Proof of identity is critical for many things, including being able to open a bank account, get a job or obtain health care. Yet proving one's identity is getting harder in a world of frequent data breaches. We asked Mariana Dahan, founder of the World Identity Network and chair of the Universal ID Council, what she thinks will solve this problem.

Custodia Founder and CEO Caitlin Long says the Federal Reserve has rewritten the rules around accessing the government's payments system. The central bank and a federal court judge disagree.

Get the most from an untapped source: customer transaction data. Learn how you can harness it with AI-based models to drive engagement, increase customer satisfaction and boost deposits and loans. Personalization is just the start of amplifying business impact; learn why you can also provide customers with relevant information that supports their financial wellness.

Banking as a service is expensive, it takes time and onboarding has to be done carefully, says the founder of Bancorp Bank, who now runs a venture capital firm that invests in fintechs.

Manually reviewing application documents leaves financial institutions vulnerable to fraud, credit loss, and competition. Inscribe is the only end-to-end platform that works alongside fraud, credit, and compliance teams to help identify whether customers are trustworthy or fraudulent and creditworthy or risky — in seconds — with the power of AI.