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The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform to integrate regulatory and climate data, aiding financial authorities in managing climate risks.

In a notable development for the technology sector, Janco Associates has reported the first signs of a potential recession impacting IT professionals. The latest data indicates a concerning uptick in the unemployment rate for IT workers, a shift that could signal broader economic challenges ahead.

Mastercard has set an ambitious goal to achieve 100% e-commerce tokenisation in Europe by 2030. This initiative aims to phase out manual card entry, making online shopping safer and more accessible for consumers and merchants alike.

The U.S. Department of the Treasury is inviting public comments on the risks and opportunities presented by the use of artificial intelligence (AI) in the financial services sector.

Source: Commonwealth

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

Australian rare earth mining company Northern Minerals reported that cybercriminals stole sensitive corporate secrets from its systems shortly after the government forced several Chinese investors to divest their shares.

Hackers are attempting to sell what they claim are the bank account details of 30 million Santander customers for $2 million.

Source: Signicat

Signicat, the European leader in digital identity and fraud prevention solutions, today announces a new report on the growing threat of AI-driven identity fraud in partnership with independent consultancy Consult Hyperion.

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