Depending on who’s asked, artificial intelligence (AI) represents either the destruction or salvation of civilization. That’s because the increasingly popular innovative technology could either displace today’s jobs or power an explosion in future productivity. It is a bit of a coin flip — and the...
The United Nations says North Korea stole a record amount of cryptocurrency assets last year. As Reuters reported Tuesday (Feb. 7), a confidential UN report says that North Korea targeted the networks of foreign aerospace and defense companies. The report claims North Korea used “increasingly...
Monetary policies instituted to offset inflation in developed nations like the U.S. and the U.K. are negatively affecting emerging markets, causing the United Nations and other transnational institutions to sound the alarm that the world could be on the brink of a global recession. There’s...
The United Nations Conference on Trade and Development (UNCTAD) has warned that cryptocurrency use threatens developing countries’ monetary sovereignty — especially their ability to collect needed taxes — and remedies should include the global coordination of cryptocurrency taxation. While noting in an announcement that cryptocurrencies...
February 14, 2020
The United Nations wants every individual digitally verified by 2030, in a bid to promote financial inclusion and reduce fraud. Trulioo Chief Operating Officer Zac Cohen tells Karen Webster the devil is in the details, since not every person can produce the same proof of identity across emerging and developed economies. That’s why, he says, that a digital identity must be built in layers.
September 19, 2018
Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial...
April 29, 2024
Austria says the time has come to regulate artificial intelligence (AI) use in weapons systems. Left unchecked, such technology could create “killer robots,” officials in the Alpine country said as they hosted a conference on the issue, per a Monday (April 29) Reuters report. “We cannot let this moment pass without taking action. Now is the time […]
February 07, 2023
The United Nations says North Korea stole a record amount of cryptocurrency assets last year. As Reuters reported Tuesday (Feb. 7), a confidential UN report says that North Korea targeted...
October 04, 2022
Monetary policies instituted to offset inflation in developed nations like the U.S. and the U.K. are negatively affecting emerging markets, causing the United Nations and other transnational institutions to sound...
August 11, 2022
The United Nations Conference on Trade and Development (UNCTAD) has warned that cryptocurrency use threatens developing countries’ monetary sovereignty — especially their ability to collect needed taxes — and remedies...
