What the Finance Industry Tells Us About the Future of AI

The panelists pointed to the EU’s initiatives with its AI Act to regulate AI and create a legal framework that balances innovation and consumer protection. The complexity of AI systems necessitates a broad approach, with debates around specific prohibitions and national sovereignty in AI regulation, they stated. Concerns were raised also about the broad scope … Read more

Why do bankers use M instead of K? TheStory Behind the MM Convention

Once you get above that amount, you’d say billion or trillion instead of using the numbers. This methodology differs from everyday slang, which takes the first letter from each word as the primary abbreviation. The barred M was necessary because the Romans didn’t use zero, and they didn’t like using more than three identical letters … Read more

Best Virtual & Outsourced Accounting Services 2023

They’ll take it from there, generating financial reports, ensuring your ledgers are up to date, and tracking money that goes both in and out of the company, among other essential tasks. Complimentary ProposalTo take a test run of our outsourced accounting services, we offer you a free, no-obligation proposal. First, you’ll contract with the company … Read more