Are you taking baby steps toward Artificial Intelligence (AI) adoption? If so, you're not alone with the enterprise business leaders stuck on the sidelines, while the early adopters gain more momentum. As employees across the globe experiment with Generative AI (GenAI), the most cautious corporate general counsels are issuing guidance that will be valuable to those unsure enterprise leaders. "To craft an effective policy, general counsel must consider risk tolerance, use cases and restrictions, decision rights, and disclosure obligations," said Laura Cohn, senior principal researcher at Gartner . Enterprise Generative AI Market Development Having GenAI guardrails and policies in place will better prepare most slow-moving enterprises for possible future legal requirements. Meanwhile, the market leaders are racing ahead of their peer group. Based on practices in AI policies instituted by companies and city governments, the cautious general counsel should direct organization
Digital identity verification is a security method applied in the processing of digital transactions. Digital identity verification is used to enable the remote verification of an individual’s identity, ensuring that they are who they claim to be online. This is most often used for digital onboarding customers onto an online service, but can also be used to verify identity when authorizing Fintech money transfers, or for access management. With the growing threats and increasingly complex fraud methods used by malicious actors, it is vital that institutions that handle sensitive data use up-to-date methods to protect their end-users. Digital Identity Market Development Many digital identity verification vendors offer solutions that increase the accuracy, security, and user experience of the digital onboarding process, and of other digital identity verification use cases. It's important that due to the variety of digital business use cases, other secure forms of identity verificatio