Regulatory & Compliance

How Are AI and Data Innovations Shaping the Future of Industries?
Data Science & Analytics How Are AI and Data Innovations Shaping the Future of Industries?

Significant advances in artificial intelligence (AI), data management, and data movement technology as of September 25, 2024, are transforming industries by addressing a variety of analytical, infrastructural, and security challenges. Companies are leveraging AI and machine learning (ML)

How Will IRS Modernization Under the Inflation Reduction Act Impact You?
IT Security & Compliance How Will IRS Modernization Under the Inflation Reduction Act Impact You?

Significant advancements were announced by U.S. Secretary of the Treasury Janet L. Yellen and IRS Commissioner Danny Werfel under the Inflation Reduction Act, targeting to enhance tax compliance, taxpayer services, and technological infrastructure of the IRS. These ambitious endeavors aim to ensure

How Will FBR and LUMS Collaboration Shape Pakistan's Customs System?
Data Science & Analytics How Will FBR and LUMS Collaboration Shape Pakistan's Customs System?

On September 9, 2024, the Federal Board of Revenue (FBR) of Pakistan and the Technology for People Initiative (TPI) of Lahore University of Management Sciences (LUMS) signed a significant memorandum of understanding (MoU). The collaboration aims to delve into the realms of machine learning and data

Low-Code Solutions Drive Digital Transformation in Banking and Insurance
Software & Computing Low-Code Solutions Drive Digital Transformation in Banking and Insurance

The banking and insurance industries are undergoing significant digital transformations to stay competitive and meet customer expectations. Low-code solutions are at the forefront of this revolution, streamlining processes and enhancing efficiency. This article explores the importance of strategic

How Will New AI Rules Impact Tech Innovation and National Security?
Networking & Cloud How Will New AI Rules Impact Tech Innovation and National Security?

The U.S. Department of Commerce has proposed new regulations requiring technology companies involved in developing Artificial Intelligence (AI) and cloud computing services to demonstrate their systems' safety and report their capabilities to prevent misuse. This regulatory move, driven by the

AI and Advanced Tech Revolutionize Risk Management in 2024
IT Security & Compliance AI and Advanced Tech Revolutionize Risk Management in 2024

In the dynamic and complex landscape of modern business, risk management has taken center stage. The KPMG "Future of Risk" report for early 2024 details how artificial intelligence (AI) and advanced technologies are fundamentally transforming risk management practices. As businesses grapple with a

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