Remove National Remove Presentation Remove Regulation Remove Security
article thumbnail

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 billion by 2023, up from an estimated $4.5 trade war.

article thumbnail

Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security. The Data Privacy Twist .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ireland Crypto Regulation Looms

PYMNTS

In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Separately, in India, the action toward crypto regulation seems to be … inaction. The site noted that the new rules still await passage by the country’s legislative body.

article thumbnail

At Davos, Eyeing Sovereign Debt, Digital Taxes And Regulating AI

PYMNTS

In an interview with CNBC on the second day of the World Economic Forum , JPMorgan Chase CEO Jamie Dimon warned that sovereign debt presents a risk, saying it is among the “only” areas where financial bubbles have taken shape. An agreement among OECD countries would spur France to end its national digital tax. “We

Taxes 131
article thumbnail

The Case For Federal IoT Regulations

PYMNTS

But despite intelligence of things (IoT) solutions being put to use in many cases, the field continues to be hampered by security issues. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. New security threats are emerging, too. Get the full scoop in the Tracker.

article thumbnail

National ATM Council Says NYC Ordinance Is Costly, Burdensome

PYMNTS

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

ATM 100
article thumbnail

AML human trafficking red flags and other ways banks can support victims

Abrigo

The United Nations estimates there are currently 40 million people enslaved around the world, and that one-quarter of them are children. The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security.

Training 261