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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

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One City Plans To Run Entirely On Blockchain

PYMNTS

“It has multiple applications in the logistics industry, especially related to supply chains, insurance, payments, audits and customs brokerage,” said UPS Director of Enterprise Architecture and Innovation Linda Weakland, according to TechCrunch. Many firms have been craving for a jurisdiction to regulate them.”.

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The State of Responsible AI in Financial Services

FICO

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

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Why initial coin offerings will not replace venture capital for startups

Bussman Advisory

This in turn gives them more time for their real job: innovation. There are also parts of the ICO market that need to mature before it can attempt to replace venture capital. If the ICO community cannot address such cyber security issues, it will have a hard time catching on with mainstream investors.

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Prepaid’s Summer Of Uncertainty

PYMNTS

These products are, in fact, the underpinning for pure play digital banking services offered by innovators like Chime or Green Dot. That puts these products under the rubric of Regulation Z, which Fauss says was never meant to handle deposit accounts. “The lines become very blurry,” Fauss told Webster.

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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

The stock market tanked, interest rates spiked and many thousands of people lost their jobs. In a letter to Alphabet management TCI provided a brief glimpse of the obvious: “Unfortunately, enthusiasm for self-driving cars has collapsed and competitors have exited the market.” Time to market. JessicaButalla@fico.com. Ethical AI.

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Preparing for new regulatory requirements in payments

NCR

From contactless cards and mobile wallets to the exciting potential of biometric data, there are all sorts of innovations having an impact on payments. One of the objectives of this change is to strengthen consumer protection, while enhancing anti-money laundering standards and cyber security. ” Europe prepares for PSD2.