Storage App Used Photos To Train Facial Recognition Software
Storage App Used Photos To Train Facial Recognition Software
May 09, 2019  |  Security & Fraud

A popular photo app called Ever, which was ostensibly used for cloud storage of photos, has been using customer pictures to train facial recognition AI...

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Bernie Sanders And Alexandria Ocasio-Cortez Look To Cap Card Interest Rates
Bernie Sanders And Alexandria Ocasio-Cortez Look To Cap Card Interest Rates
May 09, 2019  |  Regulation

Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and...

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Facebook Responds To Co-founder’s Call For Breakup
Facebook Responds To Co-founder’s Call For Breakup
May 09, 2019  |  Regulation

Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to...

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EU Antitrust Regulators Fine Banks For FX Manipulation
EU Antitrust Regulators Fine Banks For FX Manipulation
May 09, 2019  |  Regulation

European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. Get the Full Story Complete the...

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Google To Launch Electronic IDs For Android Devices
Google To Launch Electronic IDs For Android Devices
May 09, 2019  |  Innovation

Google has announced that it is working on bringing electronic IDs to Android devices, according to reports. Get the Full Story Complete the form to...

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African FinTech Payment Startup Chipper Cash Woos Investors, Including Joe Montana
African FinTech Payment Startup Chipper Cash Woos Investors, Including Joe Montana
May 09, 2019  |  Investments

African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 million in a funding round, according to a report in TechCrunch. Get...

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Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
May 09, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the Czech Republic-based Twisto’s €14 million raise. In addition,...

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Hong Kong Issues More Online Banking Licenses
Hong Kong Issues More Online Banking Licenses
May 09, 2019  |  Regulation

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint...

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Facebook Co-Founder Says FTC Should Break It Up
Facebook Co-Founder Says FTC Should Break It Up
May 09, 2019  |  Facebook

Facebook Co-Founder Chris Hughes issued a scathing rebuke of Facebook CEO Mark Zuckerberg, calling on the government to break up the social media giant. Get...

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