Tags: failures

Google is enhancing Retrieval-Augmented Generation (RAG) systems in AI by emphasizing “sufficient context,” which helps reduce hallucinations in Large Language Models (LLMs) and improve reliability.…

Banks continue to rely on outdated anti-money laundering (AML) systems, opting to layer new technology rather than fully replacing them. This approach, once seen as…

In a rapidly changing regulatory environment, renewing sanctions and Politically Exposed Persons (PEP) contracts is vital for financial institutions to ensure compliance and mitigate risks…

The Consumer Financial Protection Bureau (CFPB) has fined Equifax $15 million for mishandling consumer disputes related to credit report inaccuracies. The investigation revealed Equifax’s failures,…