The high-stakes drama involving TikTok’s future in the United States and the financial strategies of its Chinese parent company, ByteDance, took a turn as investors considered possible options. An American ban on the social media app, based on concerns about data privacy, content moderation and...
The CEOs of several Global Fortune 500 companies said artificial intelligence (AI) is revolutionizing their operations, while acknowledging that most companies are still grappling with implementing and scaling it, during a power-packed panel Tuesday (Jan. 21) before the World Economic Forum (WEF) in Davos, Switzerland....
With scams, fraud and new ways for criminals to commit financial crimes springing up seemingly by the hour, the World Economic Forum 2025 in Davos, Switzerland, has placed cybersecurity front and center. “It’s highly likely that if your organization hasn’t experienced a cyber incident, it will...
American banks are reportedly in “go mode” with Donald Trump’s return to the White House. So says Mary Erdoes, head of asset and wealth management for J.P. Morgan, who said Tuesday (Jan. 21) that the banking giant was hopeful the new administration would roll back some of its...
January 27, 2020
For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We break down why 2020 may herald big changes for the bureau.
January 24, 2020
While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in...
January 22, 2020
In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also,...
January 23, 2025
The high-stakes drama involving TikTok’s future in the United States and the financial strategies of its Chinese parent company, ByteDance, took a turn as investors considered possible options. An American ban on the social media app, based on concerns about data privacy, content moderation and national security, has been delayed by an executive order. As […]
January 21, 2025
American banks are reportedly in “go mode” with Donald Trump’s return to the White House. So says Mary Erdoes, head of asset and wealth management for J.P. Morgan, who said Tuesday...
January 18, 2024
OpenAI’s chief executive is reportedly unconcerned about a lawsuit by The New York Times against his company. The newspaper sued OpenAI and partner Microsoft late last year, accusing the companies of copyright infringement and claiming...
January 15, 2024
The head of the world’s banking watchdog is calling for greater oversight of artificial intelligence. Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision, warned in an interview...
