AI Proposal Unlikely To Hit Payments, Fintech

    Benedetta Lupo

    The Artificial Intelligence Act, which was published on April 21, outlines the European Commission’s ambition for greater AI investment and innovation in Europe, while safeguarding the safety and fundamental rights of citizens. The main aim is to create a legal framework by which the EU will have sufficient space to regulate and manage something which, otherwise, will be completely out of control and so “sensibly” reducing the risks of breaching any fundamental rights.

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