Did you know that El Salvador adopted bitcoin as the country’s official currency earlier this month? How about that non-fungible tokens (NFTs) generated $2.5B in sales during the first half 2021? With digital currencies and transactions more prevalent than ever before, the financial world is on the precipice of significant change. We’re in the early …
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Joseph Raczynski
Using Artificial Intelligence to Fight Financial Crimes
Amid an explosion of global financial data, combatting financial crimes and managing highly regulated transactions has become increasingly complicated. Earlier this month, a panel at LegalWeek 2020 focused on these complexities, exploring anti-money laundering (AML) trends as well as the state of legal artificial intelligence (AI) solutions in AML compliance and screening. Joseph Raczynski, a …
A Look Back at the 2018 Public-Private Partnership Forum in New York
On March 7, Thomson Reuters hosted the 2018 Public-Private Partnership Forum at the Westin New York – the first of three events in a series designed to bring together leaders from both the public and private sector for a day of discussion on topics ranging from anti-money laundering, threat prevention, human trafficking and more. With …
ILTACON Panel Recap – The Promise of Blockchain
Blockchain and distributed ledgers will transform contracts and transactions in finance, banking, insurance, real estate and other industries with complex supply chains. The promise of the distributed nature of blockchain is that it eliminates many costs and risks from large-scale transactions. And it will also create new roles for lawyers capable of understanding the unique …
The Data Explosion & Law Firms
The term “Big Data” is rather overused these days. Maybe they really should call it “Humongous Data” or something. According to IBM’s Jeopardy-winning Watson, an astounding 2.5 billion gigabytes of data are generated every day. Joseph Raczynski, a legal technologist futurist says we’ve reached the point where no one person can possibly absorb the vast …