Tag: Costs
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Brittany Higgins Takes on Bankruptcy Action in Reynolds Defamation Fallout
Overview: A New Chapter in a Defamation Saga The legal wrangle between former Liberal senator Linda Reynolds and Brittany Higgins continues to evolve, with Reynolds launching bankruptcy proceedings to recover costs awarded following Higgins’s defamation victory. The move comes after Higgins was found liable for defamatory social media posts in a Western Australian Supreme Court…
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Impact of AI on Credit Risk Assessment and Costs
Introduction to AI in Credit Risk Assessment The integration of artificial intelligence (AI) in credit risk assessment is transforming the financial landscape. This technology offers enhanced data analysis and patterns recognition, potentially leading to more accurate evaluations. However, recent regulations indicate that utilizing AI for credit assessments may be classified as high risk, raising questions…