News & Analysis as of

Big Data Technology

Eversheds Sutherland (US) LLP

NAIC report - 2021 Fall National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2021 Fall National Meeting from December 11 to 16 in San Diego, California. The meeting was held in a hybrid in-person and remote format due to the ongoing...more

Bradley Arant Boult Cummings LLP

Leveraging Fintechs and Big Data in a Fair Lending Focused 2022

Over the past decade, financial technology companies (fintechs) have been on the rise, disrupting all segments of the financial industry. Their innovative technology, swift adaptation to market trends, and ability to create...more

White & Case LLP

AI in the boardroom: opportunities and challenges

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Artificial intelligence (AI) is increasingly transforming business processes and strategies across industry sectors. Companies are figuring out how to take advantage of AI, focusing primarily on customers' needs and...more

WilmerHale

In Case You Missed It: Launch Links - February 2020

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Some interesting links we found across the web this week: Are You Asking Too Much of Your Chief Data Officer? Since the first Chief Data Officer was appointed at Capital One in 2002, it has become increasingly common...more

McDermott Will & Emery

US Office of Management and Budget Calls for Federal Agencies to Reduce Barriers to Artificial Intelligence

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On January 7, 2020, the Director of the US Office of Management and Budget (OMB) issued a Draft Memorandum (the Memorandum) to all federal “implementing agencies” regarding the development of regulatory and non-regulatory...more

McDermott Will & Emery

US Office of Management and Budget Issues a Memorandum Calling for Agency Plans From Federal Government Agencies

McDermott Will & Emery on

On January 7, 2020, the Director of the US Office of Management and Budget (OMB) issued a Draft Memorandum (the Memorandum) to all federal “implementing agencies” regarding the development of regulatory and non-regulatory...more

Cooley LLP

Blog: Big Data and Insurance – The Regulatory Approval Process for Insurtech Data Models

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Data is often the key ingredient to an insurtech’s success. From the use of drone data to automatically pay insurance claims after a hurricane, to AI that can predict the likelihood of insurance fraud – big data has the...more

Latham & Watkins LLP

Is Artificial Intelligence Set to Transform Private Equity Dealmaking?

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With the explosion of AI applications, private equity houses and their portfolio companies must understand where key opportunities lie. Artificial intelligence (AI) developments provide increasing opportunities for...more

Morrison & Foerster LLP

Digital Single Market Update: Technology Standardization in the EU - Improving European Companies’ Competitiveness in the Areas of...

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ICT standardization is a key part of the European Union’s package of measures designed to improve Europe’s competitiveness and productivity. As part of the EU’s Digital Single Market (DSM) initiative, the European Commission...more

Carlton Fields

NAIC Summer National Meeting Spotlights Innovation and Insurtech

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In response to the accelerating pace of change, the NAIC’s Summer National Meeting in Boston focused on innovation and insurtech....more

Mitratech Holdings, Inc

4 Ways Top Companies Use Data to Drive Compliance (and Business)

What’s the best way to bring your compliance function up to speed? Most people agree it’s to learn from the experts. The people who’ve been there, done that, and driven success for their companies to boot....more

The Volkov Law Group

Artificial Intelligence, Hype and Financial Misconduct

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The compliance world, like business in general, is being inundated with “trends” and claims of “new technology” that inevitably (is or) will transform our economy. There is no question that artificial intelligence holds...more

K2 Integrity

What Artificial Intelligence Can - and Can’t - Do to Help Fraud and Corruption Investigators Tackle Big Data

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For investigators, artificial intelligence is providing new opportunities to uncover fraud and corruption and to drive efficiency and accuracy as they analyze the cascade of data in the context of an investigation. ...more

Thomas Fox - Compliance Evangelist

Using AI in Compliance: Going Forward – Part IV

Over the past few blog posts, I have been considering the use of artificial intelligence (AI) to make compliance more robust in the three prongs of prevent, detect and remediate. ...more

Mintz

NAIC Insurance Summit 2017: Innovation and Disruption Are Top of Mind for State Regulators

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From May 22-26 Mintz Levin participated in the annual NAIC Insurance Summit in Kansas City. A main theme of this year’s Summit was technology and innovation. The Summit was remarkable in that it served as a meeting grounds...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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FinCEN is extending its campaign to press title insurance companies to reveal the real buyers behind shell companies that pay cash for high-end real estate deals in select cities around the country....more

Hogan Lovells

DSM webinar highlights tax, competition law, copyright, AVMS and data economy issues for 2017

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In a February 7, 2017 webinar, the Hogan Lovells Digital Single Market (DSM) team presented its take on new developments for 2017. Peter Watts introduced the session by warning that the loss of the UK voice in EU policy...more

Morgan Lewis

White House Analyzes Opportunities and Challenges for New Frontiers in AI

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The White House has issued a comprehensive report addressing the potential legal and governance implications of artificial intelligence. In October, the Office of Science and Technology Policy (OSTP) published a report...more

Zelle  LLP

Employment Law Navigator – Week in Review: August 2016 #5

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Last week, we were reminded of the impact of the Department of Labor’s Wage and Hour Division enforcement activities. The agency announced that National Freight, Inc. will pay more than $1,000,000 in back wages to 359 workers...more

Zelle  LLP

HR Tech and the Law: An Update

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Over the past two years, we at the Navigator have been fascinated with all the new technology showing up in the workplace. We’ve repeatedly cautioned employers about the risks of adopting technology before understanding and...more

Zelle  LLP

Employment Law Navigator – Week in Review: May 2016 #5

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Last week, The Verge covered a new system that can measure the hidden bias in otherwise secret algorithms. This system is very interesting, given that one of our biggest concerns about the use of big data is its potential to...more

Zelle  LLP

“It’s a Match!”

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Can techniques for finding a good date be used to find a good job or a good candidate? Some creators of recruiting technology think so. The recruiting app Switch uses a Tinder-like tool to match hiring managers and...more

Zelle  LLP

Employment Law Navigator – Week in Review: March 2016 #3

Zelle LLP on

Last week, the EEOC announced that it is expanding its use of its electronic charge status system to allow the public “information online and on demand.” The system allows charging parties to check the status of their...more

Zelle  LLP

That is SO last week - July 2015 #2

Zelle LLP on

Last week, The New York Times’ The Upshot blog covered a topic that has been one of our top concerns for a while: how big data can discriminate. The post followed a Carnegie Mellon University study that reported, among many...more

Morrison & Foerster LLP - Social Media

Toward a Grand Unifying Theory of Today’s Tech Trends

As a technology law blogger and co-editor of Socially Aware, I monitor emerging developments in information technology. What’s hot in IT today? Any shortlist would have to include social media, mobile, wearable technology,...more

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