X “unfit” for banking because of complicity in Saudi spying, lawyers argue
Read the letter urging regulators to end Musk’s dream of turning X into a bank. Enlarge (credit: Manuel Augusto Moreno | Moment) Just two weeks after Elon Musk took over Twitter in fall 2022, he told employees that his.....»»
Twitter sued over Saudi spying that allegedly landed popular user in prison [Updated]
Saudi Arabia became a top shareholder while its spies infiltrated Twitter. Enlarge (credit: Thomas Trutschel / Contributor | Photothek) [Update: A MENA Rights Group spokesperson told Ars that the group has been assisting.....»»
Twitter sued over Saudi spying that allegedly landed popular user in prison
Saudi Arabia became a top shareholder while its spies infiltrated Twitter. Enlarge (credit: Thomas Trutschel / Contributor | Photothek) While based in the United States from 2008 to 2014, human rights activist Abdulrahma.....»»
How government guarantees give banking customers peace of mind and keep banks open
Spooked by volatile reports from the Silicon Valley Bank in early March, many customers panicked and withdrew their money, creating the largest bank failure since the 2007-2008 financial crisis. The problem—investors and customers lost confidence i.....»»
DCI partners with DataVisor to help banks fight fraud
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card frau.....»»
Wultra and iProov join forces to bring biometric technology to financial services providers
iProov and Wultra partnership enables Wultra to provide iProov’s biometric solutions suite as part of its portfolio of digital banking solutions. Consumers are increasingly calling on their financial services providers to offer online access to hig.....»»
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him......»»
Apple’s AI plans uncertain, as pioneers argue about the risks of the technology
There’s been much speculation about Apple AI plans, as the Cupertino company has so far kept a low profile while both Google and Microsoft dive into generative artificial intelligence in a big way. CEO Tim Cook didn’t shed much light when asked.....»»
Opinion: AI used in justice system should keep "humans in the loop"
Artificial intelligence (AI) is transforming our society. Beyond the currently hyped systems such as ChatGPT or DALL-E, which can generate images, the technology has also found its way into the daily work of lawyers and even judges. At present, such.....»»
Around 80% of banks in Asia Pacific to increase technology budget, IDC finds
According to a recent IDC survey, Role of Technology in the Banking Industry, 83.2% of banks in Asia Pacific (not including Japan) will increase their technology budgets in 2023, with 14.8% signaling they will increase their budgets by 20% or more......»»
Nigeria and digital banking: A revolution still waiting to happen
At the end of 2022 the Central Bank of Nigeria launched new banknotes. At the same time it also capped withdrawal of the new banknotes. The rollout of the currency change was shambolic. But it also led people to turn to digital financial services suc.....»»
The people turning time into a currency
So-called "time-banking" schemes are letting people get paid in time credits for the work they do......»»
Tesla lawyers try to quash evidence by claiming Elon Musk’s statements were deepfakes
Thankfully, the judge didn’t buy it. In a surreal twist stolen from a sci-fi B movie, Elon Musk’s lawyers have used an implausible high-tech explanation as a way of trying to shield their boss in a lawsuit over a fatal crash, which was.....»»
Lawyers, states bring more heat on Hyundai, Kia
Attorneys representing Hyundai and Kia owners in a multidistrict lawsuit urge the Fed to pull the automakers in front of Congress to explain why it is not issuing a recall to install immobilizers on nearly 10 million vehicles on the road that lack th.....»»
Instead of refuting misinformation head-on, try "bypassing" it
It's tempting to argue with someone who is misinformed by showing them studies and articles that prove they're wrong. But new research shows that there's another less confrontational way to get someone to change their mind......»»
Researchers Argue Black Holes Will Destroy All Quantum States
New calculations suggest that the event horizons will eventually “decohere” quantum possibilities—even those that are far away......»»
How to bring the convenience and protection of Single Sign-On to your work Macs
Password management has become necessary in our daily lives. From email and banking accounts to social media and online shopping, passwords dictate access. When it comes to work, password management is critical in order to ensure the security and au.....»»
Pegasus had three ways to hack iPhones without the owner tapping
Pegasus, the spyware used by governments to secretly break into iPhones of journalists and political opponents, used three zero-click exploits affecting iOS 15 and iOS 16 in Mexico in 2022.NSO Group, makers of spying tool PegasusNSO Group is the infa.....»»
Another Pegasus-like spyware tool called "Reign" was used to spy on iPhones
Echoing NSO Group's Pegasus debacle, another spyware tool that could attack the iPhone was sold to governments, and has only now been discovered.Spying software is often used by security agencies and governments to monitor individuals of interest. Th.....»»
Obituary: Former Hendrick CEO Edward Brown III dies at 74
In 2010, banking executive Brown came out of retirement to become CFO for Hendrick......»»
Companies carry unquantified levels of risk due to current network security approaches
40% of senior cybersecurity decision makers effectively prioritize risks to Payment Card Industry Data Security Standard (PCI DSS) 4.0 compliance, according to Titania. The study highlights that oil and gas, telecommunications, and banking and financ.....»»