Leveraging technology to reduce credit risk in the banking sector
For centuries, the cornerstone of banking has been the prudent management of risk. At the heart of this challenge lies credit risk, the potential that a borrower will fail to meet their obligations. A...
You might pay for a PlayStation game with a stablecoin soon
Sony Bank, the online lending subsidiary of Sony Financial Group, is pursuing a U.S. banking license and partnering with U.S. stablecoin issuer Bastion to develop a dollar-pegged stablecoin scheduled ...
ChatGPT turns three today
On November 30, 2022, OpenAI launched ChatGPT, describing it as “a model which interacts in a conversational way.” This introduction marked the debut of a tool that rapidly gained global traction ...