Meta Apologizes for Fraudulent Ads Featuring Billionaire Wissam Al Mana
Meta Apologizes for Fraudulent Ads Featuring Billionaire Wissam Al Mana
December 15, 2023  |  Meta

Qatari billionaire Wissam Al Mana reportedly emerged victorious in a legal battle against Meta over the unauthorized use of his image in cryptocurrency scam advertisements...

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This Week in AI: Healthcare GPTs, EU’s AI Act, the Future of Work
This Week in AI: Healthcare GPTs, EU’s AI Act, the Future of Work
December 15, 2023  |  Artificial Intelligence

The holidays are approaching, and generative artificial intelligence shows no sign of slowing down. A provisional deal on landmark European Union rules governing the use...

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Instacart Says Online Grocery Is for More Than Just the Pantry
Instacart Says Online Grocery Is for More Than Just the Pantry
December 15, 2023  |  Aggregators

As grocers look to manage their increasingly omnichannel businesses, Instacart is pushing back on the sentiment that consumers turn to digital channels predominantly for shelf-stable...

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AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
December 15, 2023  |  Artificial Intelligence

Krutrim, an artificial intelligence startup founded by serial entrepreneur and CEO of Ola Group, Bhavish Aggarwal, made waves in the field of AI with the...

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DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud
DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud
December 15, 2023  |  Fraud Attack

The Department of Justice (DOJ) has announced a crackdown on fraud networks that steal money from consumer accounts and use fraudulent “microtransactions” to conceal their illicit activities...

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North American Marketplaces Lead in Corporate and Virtual Card Usage
North American Marketplaces Lead in Corporate and Virtual Card Usage
December 15, 2023  |  Spend Management

Despite economic challenges such as persistent inflation and market disruptions, growth corporates, commonly referred to as middle-market firms, in the North American region have demonstrated...

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Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
December 15, 2023  |  artificial intelligence

Goldman Lampe Private Bank has announced the integration of advanced artificial intelligence (AI) systems into its internet banking platform.  This move aims to offer enhanced security...

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FSOC Identifies Use of AI as Vulnerability in Financial System 
FSOC Identifies Use of AI as Vulnerability in Financial System 
December 15, 2023  |  Artificial Intelligence

The Financial Stability Oversight Council (FSOC) has, for the first time, identified the use of artificial intelligence (AI) in financial services as a vulnerability in the financial...

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60% of U.S. Consumers Use Mobile Wallets to Pay Bills
60% of U.S. Consumers Use Mobile Wallets to Pay Bills
December 15, 2023  |  Mobile Wallets

Although satisfaction is high among mobile wallet users when making bill payments, many face difficulties during the process. The report “Digital Bill Payments: Frequent Mobile...

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