Tag "artificial intelligence (AI)"

BSP Studying the Role of Generative AI in Banking and Financial Services

Commenting on the integration of technology within the financial sector, the Bangko Sentral ng Pilipinas (BSP) has revealed its ongoing investigations into the implications and necessary safeguards for the use of generative artificial intelligence (AI) in banking. Under the guidance

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Philippines Wants to Spearhead AI Regulatory Framework for ASEAN

The Philippines has indicated plans to introduce a regulatory framework for artificial intelligence (AI) within the Association of Southeast Asian Nations (ASEAN). This was announced by the Speaker of the Philippine Congress, Martin Romualdez, at the World Economic Forum held in

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How Artificial Intelligence Can Improve Your Ability To Detect Fraud

Online merchants can no longer rely on simple rule-based engines to stop fraud. Utilizing artificial intelligence is essential in protecting your business from modern fraud attempts. The tactics used to commit card-not-present (CNP) fraud have changed dramatically in the last

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