Atos Cloud Computing, the first authorized foreign-funded

Atos Cloud Computing, the first authorized foreign-funded

Wuhan, China – October 16, 2023 – Atos has renewed its Value-Added Telecommunication Services licenses (VATS licenses) in China, enabling it to run world class digital services and data centers across the country. Atos Cloud Computing has retained the licenses since 2019, being the first authorized foreign-funded company to operate cloud computing VATS regulated activities…

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CFPB issues guidance on credit denials that use artificial intelligence

CFPB issues guidance on credit denials that use artificial intelligence

Consumer Financial Protection Bureau Director Rohit Chopra said that creditors “must be able to specifically explain their reasons for denial,” decrying some lenders’ overreliance on artificial intelligence to make credit underwriting decisions.Bloomberg News The Consumer Financial Protection Bureau warned lenders of the requirement to provide specific and accurate reasons when denying credit to a consumer,…

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