A local large language model (LLM) is an AI system that runs directly on your own hardware rather than relying on cloud servers, offering increased data privacy, offline capabilities, and complete control over the model's operation.
Business processes involve certain duties in relation to stakeholders (partners, employees and authorities) that can be easily secured with the help of Information Security structures: people, processes, technology.
Modern cloud platforms should be developed with customer-centric principle and focused around users: clients and employees by automating repetitious administrative tasks.
Revised Directive on Payment Services (PSD2) adopted by the European Parliament in October 2015 implements two big changes to EU payment system by introducing AISP and PISP.