Bitcoin ATMs Declared Illegal in UK by Financial Regulator
Bitcoin and other cryptocurrency ATMs that allow people to buy and sell crypto are illegal in the UK, according to a letter made public on Friday by Britain's Financial Conduct Authority. From a report: That means anyone currently operating a Bitcoin.....»»
New MIT protocol protects sensitive data during cloud-based computation
Deep-learning models have found applications across various industries, from healthcare diagnostics to financial forecasting. However, their high computational demands often require powerful cloud-based servers. This dependency on cloud computing rai.....»»
Nissan wins as court orders Carlos Ghosn to return yacht and $32 million
The luxury vessel became a symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn......»»
How social structure influences the way people share money
People around the globe often depend on informal financial arrangements, borrowing and lending money through social networks. Understanding this sheds light on local economies and helps fight poverty......»»
Security protocol leverages quantum mechanics to shield data from attackers during cloud-based computation
Deep-learning models are being used in many fields, from health care diagnostics to financial forecasting. However, these models are so computationally intensive that they require the use of powerful cloud-based servers......»»
Nissan wins as court orders Carlos Ghosn to fork over yacht and $32 million
The luxury vessel became a lurid symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn, who was arrested in 2018 at the height of his power as the chairman of the Renault-Nissan-Mitsubishi al.....»»
Small accounts, big decisions: How multiple savings impact retirement payout choices
New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial secu.....»»
Ransomware outfit claims it stole financial, employee, sales data from AutoCanada
The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»
Finnish zoo to return pandas to China early
Finland will return two giant pandas on loan from China more than eight years ahead of schedule because of financial problems at the zoo where they are housed, its chair told AFP on Wednesday......»»
NICE Actimize Fraud Investigation combats fraud and financial crime
NICE Actimize launched AI-powered Fraud Investigations solution that facilitates end-to-end fraud management capabilities from detection to investigations. Explicitly designed to enable fraud investigations post detection, the new solution helps fina.....»»
"Pig butchering" fraud: The link between modern slavery, torture and online crime
Netflix documentary "The Tinder Swindler" tells the story of a fraudster who convinces women he met on a dating app to "loan" him large sums of money. It shows the devastating financial damage and psychological trauma online romance fraud can inflict.....»»
Why saying you"ll "never retire" may be a warning sign
Americans who say they expect to "never retire" are more likely than others to score low on a measure of financial knowledge, a new study shows......»»
The surge in cyber insurance and what it means for your business
The cyber insurance market is set for explosive growth as organizations increasingly seek financial protection against rising cyber threats. This surge in demand reflects a broader shift in how businesses approach risk management, viewing cyber insur.....»»
Afghan women have been robbed of health care, education and now their voices. But they won"t remain silent
Last month, the Taliban passed a new "vice and virtue" law, making it illegal for women to speak in public. Under the law, women can also be punished if they are heard singing or reading aloud from within their homes......»»
Mistrial declared for ex-AT&T exec accused of bribing government official
Jury asked question about bribery "intent" before declaring themselves deadlocked. Enlarge (credit: Getty Images | AaronP/Bauer-Griffin) A mistrial was declared today in the trial of former AT&T Illinois President Paul L.....»»
Aversion to inequality drives support for redistribution policies, study finds
As income inequality widens, debates around redistribution policies are heating up. New research from the Universities of Zurich, Lille and Copenhagen reveals that support for these policies stems not only from individuals' financial situations but a.....»»
COVID-19 job losses impacted early withdrawal from retirement accounts: Study
Having a robust emergency savings fund could help people weather financial shocks, such as job loss during the COVID-19 pandemic, finds a new study from the Brown School at Washington University in St. Louis......»»
"Emergency" declared over falling UK butterfly numbers
Conservationists on Wednesday voiced concern at a fall in the number of butterflies found in the UK, declaring a "butterfly emergency" and calling for greater protections for under-threat species......»»
Racial and gender bias in US crime victim compensation programs highlighted in report
Significant racial and gender disparities exist in U.S. crime victim compensation programs, revealing Black and Indigenous people as well as survivors of gender-based violence face unique challenges in obtaining financial support, according to a new.....»»
‘Never seen anything like this’: Police bust illegal nightclub in Boston basement
‘Never seen anything like this’: Police bust illegal nightclub in Boston basement.....»»
A key NASA commercial partner faces severe financial challenges
"The business model had to change." Enlarge / Rendering of an individual crew quarter within the Axiom habitat module. (credit: Axiom Space) Axiom Space is facing significant financial headwinds as the company attempts t.....»»