uk

UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season

UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
January 03, 2025  |  Retail

Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year,...

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Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024  |  Cybersecurity

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....

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UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Legal & Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

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British Retail Sales Dampened by Consumers Waiting for Bargains
British Retail Sales Dampened by Consumers Waiting for Bargains
December 20, 2024  |  Retail

While retail sales in Great Britain rose in November, analysts said the results were dampened by consumers waiting for bargains. Retail sales rose by 0.2%...

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This Week in AI: Security Flaw Exposes AI Giants While Robot Workers Get Upgrade
This Week in AI: Security Flaw Exposes AI Giants While Robot Workers Get Upgrade
December 20, 2024  |  Artificial Intelligence

This week in AI, security researchers stole artificial intelligence models with near-perfect accuracy by capturing electromagnetic signals, as MIT unveiled a robot system that can...

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AI Oversight Gets Targeted Push in US, Malaysia and UK
AI Oversight Gets Targeted Push in US, Malaysia and UK
December 18, 2024  |  Artificial Intelligence

Congress urges industry-specific AI oversight in its first comprehensive framework, while Malaysia launches a National AI Office to steer its tech regulation ambitions. The U.K....

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UK Aims to Regulate AI’s Use of Copyrighted Materials
UK Aims to Regulate AI’s Use of Copyrighted Materials
December 17, 2024  |  Artificial Intelligence

The British government is preparing to regulate the use of copyrighted material in training AI. The U.K. on Tuesday (Dec. 17) began a consultation designed to provide...

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UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
December 16, 2024  |  Cryptocurrency

The United Kingdom’s Financial Conduct Authority is seeking public comment on its plans to improve the transparency of the country’s cryptocurrency markets. The FCA’s request...

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