ECB Executive Urges to Assimilate Crypto with Gambling
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
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Apple Launches AI-Powered Audio Book Narrations
In the busy modern world, audiobooks substitute reading on the go. The new AI-enabled solution from Apple allows independent authors and those associated with small publishers to be heard
MeetKai Launches Digitising Service and Metaverse Builder
MeetKai startup is launching several new platforms for metaverse creators and users, including a room-scanning service and a tool to build structures and spaces in the metaverse
Meta Disputes $400M Fine over Personalised Ads
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
Amazon Job Cuts Will Affect over 18,000 Employees
Amazon layoffs exceed earlier projections. The job cuts would represent over 5% of the company’s corporate workforce and continue over the coming weeks
CaixaBank to Explore AI Use for Cybersecurity
CaixaBank participates in the European research consortium along with eleven international entities to improve cybersecurity by leveraging AI and big data
Indonesia to Create a National Crypto Exchange in 2023
Indonesia makes moves to reform national regulation of the crypto industry, aims to create a crypto exchange this year
DNB Automates 50% of Chat Traffic with AI
Since October 2018, DNB has implemented a conversational AI chat platform as the first-line customer support. As of now, the bot has interacted with over one million customers
Indian Bank Introduces QR Code Bill Payment System for CESC
The new bill payment system enables customers to pay by scanning the dynamic QR code linked to the unified payments interface (UPI)
FTX Ex-Chief Pleads Not Guilty
Sam Bankman-Fried, the former head of the scandalous FTX crypto exchange, has pleaded not guilty to eight criminal charges regarding FTX bankruptcy
Real-Time Payment Market to Reach $86.9B by 2028
The report by India-based company the Insight Partners shares expectations about the real-time payment market, as well as an analysis of market opportunities and dynamics
Shopify Introduces Commerce Components
Commerce Components by Shopify is the suite of API tools for enterprise retail enabling global retailers to integrate components of Shopify with their own systems
UK Offers Tax Exemption for Foreign Crypto Investors
Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax
Apple’s Market Cap Falls Below $2T as Deliveries Decline
Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion
IRS Seeks Partnership with Crypto Companies to Fight Crime
Top Internal Revenue Service (IRS) law enforcer said the tax-collection agency wants to cooperate with the digital assets industry to fight crypto-related crime
Report Reveals Banking Trends to Watch in 2023
Insider Intelligence highlighted four main banking trends that will emerge in 2023 to help customers weather the economic storms
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