The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is undergoing significant changes, with 17 members of its election security team placed on administrative leave amid…
In 2024, the tech sector has seen over 150,000 layoffs, with 542 companies, including giants like Tesla, Amazon, Google, and Microsoft, making significant cuts. Monthly…
The European Commission has implemented new reporting requirements for EU credit and financial institutions concerning transactions linked to Russian ownership, effective July 2024. Any transfer…
Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for allegedly misleading customers about fees and failing to disclose…
The AI app market is booming, with consumer spending reaching $1.42 billion in 2024, a 274% increase from the previous year, driven largely by OpenAI’s…
At the World Economic Forum in Davos, a report highlighted sustainability challenges in crypto-assets, particularly regarding compliance with the MiCA regulation. While 75% of respondents…
The SEC’s recent enforcement action against Shift4 has highlighted serious compliance issues regarding financial disclosures. The company failed to adequately report significant compensation to family…
Unbound Academy is transforming education by replacing traditional teachers with AI tools, marking a major advancement in computer-assisted instruction (CAI). This shift, stemming from over…
In 2024, significant changes are unfolding in the banking and payment sectors. HSBC plans to launch a global currency conversion app to compete with Wise,…