Business

Digital yuan’s merchant fee removal worries point-of-sale manufacturers
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26 November, 2023

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...
AI technology offers banking industry a wealth of benefits: Bank of America
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26 November, 2023

AI technology offers banking industry a wealth of benefits: Bank of America

Bank of America highlights AI's positive impact in banking for productivity but cautions on privacy and cybersecurity risks, aligning with...
OpenAI, Microsoft face new lawsuit over ‘rampant theft of copyrighted works’
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26 November, 2023

OpenAI, Microsoft face new lawsuit over ‘rampant theft of copyrighted works’

Author Julian Sancton alleges their OpenAI and Microsoft’s artificial intelligence platforms, including ChatGPT, used data from nonfiction books without author...
Immediate Connect: French financial regulators caution against investment scam
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25 November, 2023

Immediate Connect: French financial regulators caution against investment scam

AMF warns against Immediate Connect urging caution and verification as it joins the blacklist, emphasizing the risks in foreign exchange...
Deepfake AI videos catch India PM’s attention as he urges public awareness
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25 November, 2023

Deepfake AI videos catch India PM’s attention as he urges public awareness

PM Narendra Modi stated that while generative AI can improve productivity, bad actors have begun exploiting the technology for sinister...
Russian lawmakers mull wholesale CBDC amid retail pilot launch
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25 November, 2023

Russian lawmakers mull wholesale CBDC amid retail pilot launch

For Russian financial institutions to circumvent Western-backed economic sanctions since its invasion of Ukraine, Russian deputies are pushing for wholesale...
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