Even though we are already used to speech recognition in the car, in smart homes or elsewhere, the progress in deep learning is significant. State-of-the-art AI models can solve the most difficult problems by recognizing complex patterns in real-time. Those intelligent systems can support work flows as an interface between man and machine. targens offers a solution here for speech processing, speech comprehension and speech output with a high degree of linguistic and technological adaptability in German to support the digitization process.
The corona virus has brought about abrupt and drastic changes in our daily lives. The crisis posed several challenges for compliance managers regarding data protection and compliance policies. However, the current situation also offers the opportunity to put existing processes to the test and to advance digitization. And thus to create an efficient compliance management system that creates space for strategic tasks in the long term.
The second stage of the European Payment Services Directive (PSD) entered into force on September 14th 2019. Its general aim is to increase security and consumer protection in payment transactions and to promote competition and innovation in the market. For banks and retailers, the implementation of PSD2 is causing a lot of work and effort. Customers must get used to new security questions. Third party providers now have access to account information with customer approval. This creates competition and at the same time potential for innovation, from which all parties involved can benefit.
The 6th EU Money Laundering Directive aims to harmonize the criminal liability and the procedural requirements for the prosecution of money laundering in the EU countries and for international cooperation. What does that mean?
The corona virus accelerates digitization. But that comes with certain challenge for companies whose employees are suddenly working primarily from home and compliance standards must continue to be met.
In order to protect the financial system from abuse, measures to comply with national and international embargo regulations are required. Filter software systems and their rule sets are of great importance there. However, these must be analyzed regularly to guarantee optimal hit quality.
Passwords are a necessity in our modern everyday life. But most Germans choose short and simple passwords for a large and increasing number of accounts. This makes it easy for hackers. With these tips, you can securely design and manage passwords to better protect your data.
Terrorists running online fundraisers. Cryptocurrencies are their preferred payment method. A new challenge for compliance.
Compliance will remain a complex and fast moving business also in 2020 and this blog will keep covering and looking at relevant topics from different perspectives. Diverse articles have caught a great deal of attention last year – from virtual bank accounts to KYC versus KYT to gifts and benefits from business partners. Here a complete overview and summary of the most popular topics in 2019.
Online shopping is booming. About 98 percent of Internet users are online buyers. No wonder, because it’s the most convenient way to shop and it offers more variety than local retail. But how do buyers find a truly legitimate online retailer and how safe are the offered payment methods? Here are the most important tips, so the Grinch won’t steal your Christmas.