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Top ChatGPT prompts for legal professionals

Nanonets

From court documents being moved to digital formats to the advent of AI in legal research, a lot has changed. What does it mean for legal professionals? And how can you use AI to make legal work more efficient? Court dates, client meetings, legal research, paperwork – the list goes on for legal professionals.

Legal 52
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Understanding Risk Management Strategies as a PayFac

Stax

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

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SmileDirectClub Offers Refunds To Silence Customer Complaints

PYMNTS

When she tried to get a refund, the company engaged her in a lengthy back-and-forth, and eventually told her she had to sign a confidentiality agreement before the refund would come through. Other patients reported similar troubles with their products, some of which even required additional dental procedures to correct.

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Freight Firm Celadon Settles Accounting Fraud Claims

PYMNTS

The agreement comes after Celadon admitted to inflating the value of more than 1,000 used trucks, according to the Justice Department. We have now settled the governmental investigations and other legal proceedings related to the events that arose under prior management.”. In addition, Celadon also agreed to a $7.5

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What is a Signature Identifier?

Nanonets

From legal contracts to healthcare records and beyond, the applications of signature identification are as diverse as they are impactful. However, in many cases, documents, contracts, forms, and agreements may also include signatures that are important for various legal, administrative, or authentication purposes.

Legal 52
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UK Financial Conduct Authority plans to reform safeguarding rules for e-money and payment institutions

The Payments Association

In addition to updating policies and procedures, many firms may need to make significant operational changes, including to their funds flows. These extended and more prescriptive requirements will mean that Payment Firms will need to update and supplement their existing policies and procedures. What does this mean for Payments firms?

Rules 88
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Minimising FX risk in International payments: Strategies for 2025

The Payments Association

At the time of the agreement, the exchange rate is 1 EUR = 1.10 Non-compliance with new rules, such as anti-money laundering (AML) or tax regulations, may lead to fines, legal issues, and reputational harm. Consider this scenario: A US-based company (Company A) agrees to pay 1 million to a French supplier (Company B) in 30 days.