Remove Financial Services Remove Government Remove Paper Remove Risk
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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Scanning paper documents is a manual, time consuming process with high labor and hardware costs. Benefits of Truly Digitized IDP.

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UK regulators’ strategic approaches to AI: a guide to key regulatory priorities for AI governance professionals

Data Protection Report

Background – white paper response on the UK’s approach to AI regulation In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. Accountability and governance. Appropriate transparency and explainability. Contestability and redress.

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UK Government sets out proposals to shake up UK data protection laws

Data Protection Report

On 10 September 2021, the UK Government published its consultation paper on proposals to reform the UK’s data protection regime. On legitimate interests, the Government proposes disapplying the legitimate interest balancing test for certain activities. The deadline for responding to the consultation is 19 November 2021.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

The speech also covered the FCA’s response to the Government’s White Paper on Artificial Intelligence ( AI ), which was also published in parallel with the speech. Work with Big Tech firms to examine whether their data from their data from their core digital activities would be valuable in certain retail financial markets.

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Don't Forget About Physical Records Management

Gimmal

In an AIIM survey, 66% of people reported that paper use in their organization wasn't declining - in fact, 42% said that paper use was increasing. For some industries, the need for paper records is not only preferred; it is essential. However, this is not the case.

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Navigating the EU-US Data Protection Framework

Thales Cloud Protection & Licensing

As stated by the International Association of Privacy Professional ( IAPP ) critical sectors such as financial services are therefore conspicuously excluded, leaving organizations without a clear pathway to data protection compliance and potentially exposing them to significant risks.

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Choosing to Store, Scan, or Shred Your Documents: A Comprehensive Guide

Armstrong Archives

At Armstrong Archives , we’re here to help you navigate the transition into the digital age while still maintaining your essential paper files. This creates the challenge of how to bridge the gap between paper and digital records and what this transition should look like. Many have strict document retention policies in place as well.