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Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. With a weakening economy, BNPL firms have seen a rise in baddebts, growing losses, increased costs of operations and tumbling share prices. Four 2023 U.S. FICO Admin.
This can lead to late payments or baddebts from receivables. Conclusion Similar to the arch of cybersecurity and data privacy laws and regulations, AI is cementing itself as a permanent player in organizational risk, legal, and compliance frameworks.
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