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As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
April 24, 2024  |  artificial intelligence

British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing...

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UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
December 08, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI.  The regulator aims to determine if “recent developments” have resulted in a...

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King Charles’ First Speech Highlights Consumer Protections
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023  |  Regulation

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...

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UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
September 18, 2023  |  artificial intelligence

The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo...

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Open Banking’s US Success Will Be Use-Case Specific
Open Banking’s US Success Will Be Use-Case Specific
September 01, 2023  |  Banking

At first glance the latest open banking stats coming out of the U.K. might hint at a seismic shift in payments across the pond. And...

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UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023  |  Regulation

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Part 5...

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eCurrency Mint and CMA Form RTGS/CBDC Partnership
eCurrency Mint and CMA Form RTGS/CBDC Partnership
June 26, 2023  |  CBDC

eCurrency Mint has joined forces with financial markets solutions provider CMA. The partnership, announced Monday (June 26), will provide customers with an integrated real-time gross settlement (RTGS) and central...

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The Race to Regulate AI Risks Could Reshape Global Markets
The Race to Regulate AI Risks Could Reshape Global Markets
May 08, 2023  |  artificial intelligence

While American companies lead the artificial intelligence (AI) development charge, U.S. policymakers risk falling behind. The dangers inherent to the abuses of AI technology, including...

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UK Watchdog Jumps on Board Wave of AI Regulations
UK Watchdog Jumps on Board Wave of AI Regulations
May 04, 2023  |  Artificial Intelligence

The United Kingdom’s antitrust watchdog is the latest government entity calling for artificial intelligence (AI) regulations. “AI has burst into the public consciousness over the...

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