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Chinese Finance Group Calls For AI Regulation In Ecosystem

PYMNTS

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. Despite any of its present issues, the country’s AI market is forecast to be worth $11.9 The Chinese AI industry would be worth $143 Billion by 2030.

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Google, Facebook May Have To Pay Australian News Publishers

PYMNTS

Two days after Google and Facebook CEOs testified before Congress over alleged antitrust violations, Australia has proposed regulation that could force the tech giants to pay Australian news outlets to distribute their content. Google has denied the charges.

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Talks Over Termination Fee May Threaten Grubhub-Uber Deal

PYMNTS

Another major obstacle has emerged in Uber’s bid to buy Grubhub: The food-delivery service wants a big payoff if federal regulators nix the deal. According to a letter from lawmakers to regulators, their merger would mean that in New York City, for example, the combined company would have a 79 percent share of the market.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

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Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

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Goldman Joins South Africa’s Johannesburg Stock Exchange

PYMNTS

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

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Subaru CEO Says Electric Vehicle Demand Is Lagging

PYMNTS

Nakamura expressed frustration at the apparent schism between the environmental regulations Subaru is expected to uphold and the demands of customers. market has been tough to crack in the area of green vehicular innovations. Subaru said it wants to make electric vehicles about 40 percent of its global sales by 2030.