December 13, 2023
Europe Plans Authority to Fight Money Laundering and Terror Financing

Officials in Europe are launching an authority to combat money laundering and terrorism financing. Known as ALMA, the group will have “direct and indirect supervisory powers over high-risk obliged entities in the...

December 10, 2023
SEC: Binance’s DOJ Settlement Strengthens Our Case

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. As Bloomberg News reported, the SEC contended in a hearing Friday (Dec....

December 08, 2023
Judge Rules Binance Founder Zhao Must Remain in US 

Binance founder Changpeng Zhao must remain in the United States while awaiting his sentencing on Feb. 23.  A judge ruled Thursday (Dec. 7) that Zhao was a flight risk, The New York Times...

December 06, 2023
JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry

Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.  During a Senate Banking Committee hearing on Wednesday (Dec. 6), Dimon said that if he...

December 05, 2023
Binance Settlement is Turning Point for U.S. Crypto Enforcement

A senior official from the U.S. Commodity Futures Trading Commission (CFTC) suggests that enforcement actions against crypto firms may have hit a peak with the recent $4.3 billion settlement involving...

December 01, 2023
American Express, Mastercard and Others Behind New Standards for Enterprise...

If software is the engine of the 21st-century business landscape, data is its oil. And the oil is only becoming more valuable — and important — as generative artificial intelligence...

December 01, 2023
This Week in AI: ChatGPT’s Birthday, Amazon’s Ambitions, Payment Efficiencies 

Thursday (Nov. 30) was OpenAI’s ChatGPT’s first birthday.  And what a year it’s been for the generative artificial intelligence (AI) landscape more broadly.  We are only at the beginning of...

November 30, 2023
TD Bank to Cut 3% of Workforce

Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. The job cuts will be implemented through attrition as well as...

November 30, 2023
This AI Pioneer Says the Tech’s Best Applications Are in...

With knowledge comes power, and that fact is particularly true when using artificial intelligence (AI).  After all, knowing how an innovation works is essential for leveraging it effectively and discerning...