The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.
EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.
On Tuesday, June 25, European Union officials said that Microsoft had violated the antitrust laws of this block of countries as part of its practice of bundling Teams with other popular apps of the technology giant for business.
Meta Platforms has postponed the launch of its artificial intelligence models in Europe.
In the United States, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) intend to launch an antitrust investigation against Microsoft, OpenAI and Nvidia.
The media reports that the European Central Bank intends to take an unprecedented and largely sensational decision in the form of fines against several financial institutions that have been demonstrating their inability to combat the effects of climate change for a long period.
At the artificial intelligence summit held last week in Seoul, companies operating in the AI industry reached an agreement on the application of the so-called kill switch policy, which provides for stopping the process of developing configurations of the advanced technology if certain risk thresholds are exceeded.
Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.
Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.
In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.
The media reports that local authorities in the United Kingdom are currently working to increase the transparency of the training process by technology companies of their artificial intelligence models.
The federal legislation of the United States aimed at regulating the artificial intelligence industry has become closer to the current technological reality after on Wednesday, May 15, Senate Majority Leader Chuck Schumer, along with a bipartisan trio of senators, announced work on an extensive action plan that will become a kind of concept for congressional […]
The process of introducing and using artificial intelligence in the functional environment of financial services is currently at an early stage in terms of prevalence and does not belong to the category of generally accepted or widespread practice, but needs monitoring and possibly regulation to prevent potential harm to consumers and ensure conditions for proper […]
Online trading and the feeling of skepticism are often close at hand. This is especially true when it comes to prop firms like FXIFY and the wide range of options available. It is natural for you as a trader to be cautious and inquire about the legitimacy of their chosen platform. In the case of […]
When you deal with finances, secure authentication becomes a matter of the utmost importance. Biometric recognition was a revolutionary verification method that substituted passwords in many services, increasing both efficiency and convenience. Behavioural biometrics is now emerging as an alternative or supplement to fingerprints or iris scans. Is this next-gen biometric solution here to stay, […]
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