article thumbnail

UN Rule Mandates Connected Cars Be Secured Against Cyberattacks

PYMNTS

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be protected against cyberattacks, The Wall Street Journal (WSJ) reported. billion in 2030, WSJ reported. billion this year to $9.7

Security 146
article thumbnail

JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) is striving to tackle a host of issues in developing countries — from infrastructure and food security to climate change and health — by 2030.

National 148
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chinese Finance Group Calls For AI Regulation In Ecosystem

PYMNTS

When it comes to securities, banking and other finance products which are employing technology such as a facial recognition or big data analytics, technologies to regulate that intelligent finance have lagged behind AI development, according to a report by the China Finance 40 Forum , a platform for finance policy research and academic exchange.

article thumbnail

Former Restaurant Execs Seek $230M For SPAC

PYMNTS

The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according to a filing with the Securities and Exchange Commission (SEC). The document says it intends to sell 23 million shares at $10 per share. The sector is expected to reach $1.2

article thumbnail

Grab Creates Accelerator For Vietnam Startups

PYMNTS

Grab Ventures Ignite will nurture and support promising Vietnamese startups in their journey to become national champions in Vietnam’s tech startup ecosystem, in line with the government’s national strategy to create 10 technology unicorns by 2030,” Grab said in a statement.

National 130
article thumbnail

How To Build A Digital ID In Layers

PYMNTS

In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. The initiative will be on hold until the government enacts new laws that would safeguard data security.

How To 205
article thumbnail

TRENDING: Why Grocery Stores Want Autonomous Vehicle Delivery

PYMNTS

In the November Intelligence of Things Tracker , PYMNTS examines the forces pushing IoT adoption forward, the security risks holding it back, and how public and private sectors seek to strike the right balance. Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security.

Trends 173