Trust is everything.
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Financial authorities propose insurance commission reform to address unsound practices and enhance industry trust, facing strong opposition from insurance sector concerned about income reduction and market contraction.
#YonhapInfomax #InsuranceCommissionReform #FinancialAuthorities #GAIndustry #ConsumerTrust #CommissionDisclosure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56379
Trust is everything.
Learn more at our LinkedIn page https://zurl.co/Iar2T or visit our website https://zurl.co/NdZ9n
Trust is everything.
Learn more at our LinkedIn page https://zurl.co/JjdRs or visit our website https://zurl.co/zEOxg
NH NongHyup Financial Group emphasizes accountability and strengthens internal controls in its first council meeting of 2025, focusing on regaining consumer trust and establishing responsibility for failures.
#YonhapInfomax #NHNongHyupFinancialGroup #InternalControlCouncil #ConsumerTrust #AccountabilityManagement #FinancialCompanyGovernanceAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54175
AI makes it easier for fraudsters to produce large volumes of deceptive reviews
#fakereviews #ai #ecommerce #fraud #consumertrust #technology #ftc
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#AI #Marketing #Branding #ConsumerTrust: "Companies may unintentionally hurt their sales by including the words “artificial intelligence” when describing their offerings that use the technology, according to a study led by Washington State University researchers.
In the study, published in the Journal of Hospitality Marketing & Management, researchers conducted experimental surveys with more than 1,000 adults in the U.S. to evaluate the relationship between AI disclosure and consumer behavior.
The findings consistently showed products described as using artificial intelligence were less popular, according to Mesut Cicek, clinical assistant professor of marketing and lead author of the study.
“When AI is mentioned, it tends to lower emotional trust, which in turn decreases purchase intentions,” he said. “We found emotional trust plays a critical role in how consumers perceive AI-powered products.”"
WSU InsiderUsing the term ‘artificial intelligence’ in product descriptions reduces purchase intentionsCompanies may unintentionally hurt their sales by including the words “artificial intelligence” when describing their offerings that use the technology, according to a study led by WSU researchers.