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By  Victoria Lee and Andrew W. Grant On September 12, 2019, the Task Force on Artificial Intelligence, which is a task force within the House Financial Services Committee (FSC), held a hearing titled “The Future of Identity in Financial Services: Threats, Challenges, and Opportunities.” As the FSC wrote before the hearing, the way customers identify themselves and have their identities verified in the financial marketplace has evolved over the years, especially as transactions move online.…
By Kit Burden and Harry Jefferies Alongside blockchain and, more recently, augmented reality and edge computing, artificial intelligence, AI, is another technology buzzword that is working its way into the business world. So what is AI?  Simply put, it is the ambition to use machines to undertake decision making-based processes that a human would otherwise undertake, only faster, more efficiently and potentially with the ability to identify patterns that we cannot. In practice, AI can support…
The market for companies working at the intersection of real estate and technology is seeing explosive growth, as innovative new forms of technology impact how properties are constructed, occupied, managed, bought and sold. Proptech is designed to streamline and connect processes for participants in all aspects of the real estate market, including builders, buyers, sellers, brokers, funds, lenders, tenants, landlords and property managers. Although it’s still an emerging field, proptech is being driven forward rapidly…
Companies that use chat bots to interact with users in California now must comply with a new California law that is already in effect.  The new law, which requires clear and conspicuous disclosures when bots are used in online communications in California, aims to reduce confusion and deception online.  For more about what this new California law requires, check out the alert our colleague Carissa Bouwer put together, Who’s that bot?