On 21 August in Bangkok, Southeast Asia’s second-largest economic hub, Thailand’s Digital Minister, Chaiwut Thanakamanusorn, stated: We are asking the court to close Facebook, not allowing it to provide services in Thailand if they let these fake pages scam people. They can’t do business like this. This reaction followed claims that over 200,000 people in…
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This joint venture plans to offer exclusive incentives and benefits to early-worm AI-based companies establishing a presence in Ras AL Khaimah. Those in the RAK DAO network will gain access to its partner’s AI ecosystem. This entails access to things such as services, toolkits, dApps, tech solutions and investment possibilities through grants programmes, venture capital…
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Spurs chose AstroPay, a leading fintech company in the global arena of digital payments, based on the scope of its loyalty and rewards platforms. This partnership launches a one-of-a-kind Spurs-branded prepaid card that will enable holders to unlock doors to unique benefits and rewards. Fans collect AstroPoints when using this prepaid card and other AstroPay…
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A world leader in payments, the company now finds its policies regarding this tokenisation initiative under the DOJ microscope. Visa confirmed that the department’s antitrust arm requested information on US-based debit card practices in May 2023. When using tokenisation technology, those with sensitive card numbers can use a token to make payments. This token is…
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Photo and video footage on social media showed cars and people lining up outside ATMs in various locations, such as Dublin and Lisduggan, among others, to scoop some “free” cash. Images of police guarding various pay points also did the rounds. Reportedly, the bank’s online app experienced a glitch that let customers transfer non-existent funds…
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The questionable news snippet surfaced via EQS, a German-based outfit that reports on financial news. It alleged that Ripplewood, an established New York-based investment company, wanted to source ChatGPT technology to plot market trends and drive investment decisions. An extract from this news release read: “Through the use of artificial intelligence, investors should benefit from…
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The Swiss Association for the Protection of Investors (SASV – or Schweizerischer Ankegerschutzverein) represents retail investors. The SASV’s claim includes investors from the UK who took a substantial financial knock during the hurried takeover. SASV’s general secretary, Arik Röschke, stated: Credit Suisse has a strong presence in London, and many employees received shares as part…
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Ali will be reporting directly to Bas Kooijman, Chief Executive Officer (CEO) at DHF Capital S.A. In his new role Ali will be a key strategic partner to the firm's executive team and will play a vital role in shaping the financial direction of the asset management firm while ensuring financial stability and long-term growth.…
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This caution emphasises that the FCA has not authorised or registered the listed entities and, in conducting business with or through them, customers may be at financial risk. On its website, the FCA reminds businesses and consumers alike that operating without this regulatory body’s consent is unlawful in the UK. The organisation also draws attention…
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Analysts from Bank of America predict that the Bank of England will hike interest rates again in September due to the Monetary Policy Committee’s (MPC) June 2023 vote, which set new policy to meet the 2% inflation target by the end of 2023: a target which hopes to curb unemployment and economic decline. Don’t miss…
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