FTC Says Online Marketplaces Need to Police Fake Goods
The Federal Trade Commission (FTC) recalled that online trading platforms must fulfill the obligation to identify counterfeit goods.
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OpenAI Reportedly Lobbies for Amendments to EU’s AI Act
The media reports that OpenAI has successfully lobbied for changes to the legislation of the European Union on artificial intelligence.
Amazon Trounces Walmart in Most Retail Categories
Amazon and Walmart in the US market have long been in a state of competition with respect to each other, in this situation, the obvious circumstance is that at certain stages one of the participants in the conditionally adversarial process will be in a more advantageous position.
Former FTX US President Taps Power of AI in New Investing Company
The former president of FTX US, Brett Harrison, has launched a new project, whose activities are related to providing artificial intelligence tools to independent investors.
Consumer Group Calls On EU to Investigate Risks of Generative AI
On Tuesday, June 20, the EU’s largest consumer group, BEUC, appealed to regulators to immediately begin investigating the potential risks of generative artificial intelligence.
ACI Worldwide Offers Instant Payments to UK and EU Merchants
ACI Worldwide has announced the launch of its instant payment solution for merchants in the UK and Europe.
Interest-Only Mortgages Shrink in UK: Report and Forecast
UK Finance observed a further reduction in the size and risk profile of the interest-only mortgage book in 2022, as customers continued to repay their loans on or ahead of schedule
IBM and Adobe Expand Partnership With Generative AI Focus
IBM and Adobe announced the expansion of cooperation in order to provide brands with the opportunity to create content using artificial intelligence.
BofA Says Crypto Sentiment Remains Poor
The value of tokens continues to be in the zone of the negative impact of the consequences of recent measures that were introduced by regulators in relation to the sphere of cryptocurrencies.
Amazon Teams With YouLend
Amazon on Tuesday, June 20, announced the beginning of cooperation with the YouLend embedded financing platform.
Google Cloud & Moniepoint to Serve Underbanked Businesses in Nigeria
Africa-focused business banking platform Moniepoint will make financial services more accessible to SMEs even in remote regions of Nigeria with the help of Google Cloud and its scalable infrastructure
Twitter Develops Video App for Smart TVs
Twitter’s development plans include creating a video application for smart TVs.
Binance Cancels UK Registration
Binance cancels registration in the UK amid regulatory checks.
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
By the end of this year, up to 20 countries can join the pan-African payment system.
Nevada Introduces Regulatory Standards for Wage Access
Joe Lombardo, the 31st governor of Nevada, signed the first law in the United States to introduce regulatory standards for companies that offer access to wages (EWA).
Meta Introduces AI Model With Speech Generation Capabilities
Meta Platforms has presented a new model of generative artificial intelligence, which is capable of generating speech.
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