technology
Technology
The future of insurance payment processing: AI, automation and beyond
Technology
How Smarter Applications Will Shape Industries in 2025
Technology
New technology aids Brazil’s crackdown on illicit Amazon gold trade
Technology
Accelerating into the era of AI-driven finance
EU privacy regulator fines Meta 251 million euros for 2018 breach
Date: December 17, 2024
DUBLIN (Reuters) -The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday for a 2018 Facebook security breach that affected 29 million users. Meta notified Ireland’s Data Protection Commission at the time that cyber attackers had exploited a vulnerability in Facebook’s code that impacted...
Arm-Qualcomm trial set to begin over chip contract dispute
Date: December 16, 2024
By Tom Hals and Max A. Cherney WILMINGTON, Delaware (Reuters) – The trial in a legal battle between Arm and Qualcomm that could disrupt a wave of artificial intelligence PCs is set to begin on Monday in a Delaware courtroom. A more than two-year fight has pitted Arm, which licenses fundamental technology used to design...
When AI vies with Taylor Swift as the hot ticket in town
Date: December 16, 2024
By Jeffrey Dastin, Kenrick Cai and Anna Tong VANCOUVER (Reuters) – Deep in the cavernous convention center here, on math-filled posters or in spirited conversations, could be a breakthrough for artificial intelligence in the making. More than 16,000 computer scientists and fellow travelers gathered in British Columbia over the past week for what has become...
The benefits of implementing AI in the insurance industry
Date: December 13, 2024
Artificial intelligence is used in many businesses today. The insurance industry is no exception. The value of AI in the insurance sector is also unmatched. It improves customer experience and automates daily asks, improving fraud detection capabilities. There are many benefits of AI for the insurance industry. AI-based low-code insurance software has transformed how insurance...
The invisible battlefield of financial innovation
Date: December 11, 2024
By Chuck Herrin, Field Chief Information Security Officer for multi-cloud application services and security company, F5. APIs – or application programming interfaces – have become the lifeblood of digital transformation as they help power innovation, business-to-business integrations, and the management of vast quantities of sensitive data in financial services. That innovation has in turn revolutionised...
Eyal Avramovich – A Journey from Electronics Engineering to Blockchain Innovation
Date: December 10, 2024
Eyal Avramovich is a name synonymous with innovation and technological advancement in the blockchain and cryptocurrency industry. With a background in electronics engineering, Avramovich has demonstrated an enduring fascination with technology and robotics. His career highlights include creating some of the thinnest possible versions of consumer electronics through his company, Thinium. His products, ranging from...