In order to create legal certainty and clarity for consumers and retailers, the credit agencies in Germany, together with the responsible supervisory authorities, have agreed the Code of Conduct (CoC) in accordance with Art. 40 GDPR to regulate the review and storage periods. When the...
The operators of the AI platform Hugging Face have presented the "Open Medical-LLM Leaderboard". The benchmark evaluates large language models (LLMs) according to how well they perform on healthcare issues. Hugging Face's motivation is that mistakes - LLMs tend to hallucinate - are of little...
The historical association of merchants was the inspiration for the name of the new platform, as was the famous quote from the science fiction novel series "The Hitchhiker's Guide to the Galaxy" by Douglas Adams. In response to existential questions, e.g. the meaning of life,...
As many of the readers of this news use SEPA credit transfers and SEPA instant transfers, this directly binding regulation could be relevant. this directly binding regulation could be relevant . Here, for example, Article 5b Charges for...
The core issue for our industry in 2024 is increasing our own efficiency. Even if it sounds banal: sales up, costs down. A weak propensity to consume and high inflation are putting pressure on overall performance, while costs continue to rise. The economies of scale...
The ECJ judges state that the activities of credit agencies, such as the creditworthiness score calculation based on data, are themselves an impermissible automated decision. The situation can be different if a manual individual check is still possible and the decision to accept the customer...