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The philosophical puzzle of rational artificial intelligence

To what extent can an artificial system...

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

AUSTRAC has released its anti-money laundering program starter kits...

Chandni Nanda

EY Report Flags 20% Decline in Corporate Emissions Goals, Budget Cuts Impacting Climate Actions

The 2023 Sustainable Value Study by EY reveals a troubling trend in corporate sustainability, particularly in climate action. Surveying 520 Chief Sustainability Officers (CSOs)...

eToro Launches XtremeWeather Portfolio, Enabling Retail Investors to Engage in Climate-Resilient Companies

eToro, a leading trading and investment platform, has introduced XtremeWeather to its portfolio, allowing retail investors to engage in companies addressing the challenges of...

HSBC Faces Online Banking Outage on Black Friday, Affecting Thousands of UK Customers

Thousands of HSBC customers in the UK experienced disruptions in accessing online and mobile banking services, affecting their ability to authorize online card purchases...

Digital Europe Warns EU Against Overregulation in AI Bill, Citing Concerns on Compliance Costs and Innovation Impact

Digital Europe, a digital technology trade association, has cautioned the European Union (EU) against overregulation in its forthcoming AI bill. In a letter, the...

RBI Imposes Penalties on Citibank, Bank of Baroda, and Indian Overseas Bank for Regulatory Compliance Lapses

The Reserve Bank of India (RBI) has imposed penalties on Bank of Baroda (BoB), Citibank NA, and Indian Overseas Bank for non-compliance with certain...

European Commission Launches Pilot Auction for Renewable Hydrogen Development Under European Hydrogen Bank

The European Commission has initiated its first pilot auction under the European Hydrogen Bank to support the development of the renewable hydrogen market. Hydrogen...

Mastercard Teams Up with Feedzai to Bolster Anti-Money Laundering Efforts in Digital Currencies

Mastercard (NASDAQ: MA) has joined forces with Feedzai, an AI platform, to combat money laundering and fraud related to digital currencies. Through this partnership,...

Hello Clever Partners with Flagright for Advanced Fraud Detection in Real-Time Payments

Flagright and Hello Clever, the renowned Australian FinTech firm recognized for its real-time payments platform, have entered into a strategic partnership aimed at enhancing...

Aptus.AI Raises €3m to Revolutionize Legal Tech for Financial Institutions

Pisa-based RegTech startup Aptus.AI has successfully concluded a pre-Series A funding round, securing €3m. Led by Programma 103 by VC P101 Sgr, with significant...

Obstruction Tactics Stall Medical Marijuana Legalization in Ukraine: Proponents Navigate Procedural Challenges

Efforts to legalize medical marijuana in Ukraine faced obstruction this week as opponents employed a legislative tactic to delay the final vote. The Verkhovna...

AMLYZE and Plumery Join Forces to Redefine FinTech: Fusion of Cutting-Edge Anti-Financial Crime Tech with Next-Gen Digital Banking

AMLYZE, a distinguished RegTech specializing in combating financial crimes, and Plumery, a leading provider of digital banking solutions, have announced a strategic partnership. This...

Kiteworks Bolsters UK Presence and Elevates Secure Data Transfers with Maytech Acquisition

Kiteworks, a prominent player in data privacy and compliance, has successfully acquired Maytech, a platform specializing in efficient data file transfers. This strategic move...

Chinese Businessman’s Cryptocurrency Account Linked to Multimillion-Dollar Pig-Butchering Scams in Southeast Asia

In October 2022, Chinese businessman Wang Yicheng, Vice President of a local trade group, congratulated a senior Thai cybercrime investigator on his promotion, forming...

RBI Imposes ₹5.00 Crore Penalty on Citibank N.A. for Regulatory Violations and Non-Compliance

On November 2, 2023, the Reserve Bank of India (RBI) imposed a ₹5.00 crore penalty on Citibank N.A. for violating Section 26A of the...

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