international

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries.

Source: en.wikipedia.org

FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion

FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
September 19, 2024  |  Artificial Intelligence

The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct...

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Mastercard and Safaricom Team on Cross-Border Payments in Kenya
Mastercard and Safaricom Team on Cross-Border Payments in Kenya
September 19, 2024  |  Partnerships

Mastercard has launched a partnership with East African telecom Safaricom. The collaboration, announced in a news release Thursday (Sept. 19), is designed to boost the...

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Global Embrace of eInvoicing Targets Fraud
Global Embrace of eInvoicing Targets Fraud
September 19, 2024  |  B2B Payments

Businesses want to be paid in a timely manner. Governments want tax revenue. The advantages of cutting down on paper — and, specifically, paper invoices...

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EU Wants Apple to Give Third Parties Operating System Access
EU Wants Apple to Give Third Parties Operating System Access
September 19, 2024  |  Legal & Regulation

European regulators want Apple to open its operating system to third-party developers. The European Commission began a pair of “specification proceedings” to ensure the tech...

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UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
September 18, 2024  |  Bank Regulation

At a time when the market expects interest rates to continue dropping, the United Kingdom’s Financial Conduct Authority (FCA) is cautioning banks and building societies...

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AI Regulation: Experts Ask for US Oversight as Diligent Debuts EU Compliance Tools
AI Regulation: Experts Ask for US Oversight as Diligent Debuts EU Compliance Tools
September 18, 2024  |  Artificial Intelligence

As artificial intelligence (AI) experts urge for greater transparency and oversight in a Senate testimony, California is enacting laws protecting actors from unauthorized AI cloning,...

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US Targets ‘Malicious’ AI Use at November Safety Summit
US Targets ‘Malicious’ AI Use at November Safety Summit
September 18, 2024  |  Artificial Intelligence

The U.S. will host a multi-national summit in November to discuss safe AI development. U.S. Commerce Secretary Gina Raimondo told The Associated Press (AP) Wednesday (Sept....

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Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Legal & Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

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