Austria

‘Killer Robots’ on Agenda as Nations Debate AI Weapons
‘Killer Robots’ on Agenda as Nations Debate AI Weapons
April 29, 2024  |  artificial intelligence

Austria says the time has come to regulate artificial intelligence (AI) use in weapons systems. Left unchecked, such technology could create “killer robots,” officials in the Alpine...

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Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
February 22, 2024  |  AML

Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. The bank said...

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Mondu and Acquired.com Expand B2B BNPL in UK and Europe
Mondu and Acquired.com Expand B2B BNPL in UK and Europe
July 21, 2023  |  Buy Now Pay Later

B2B payments company Mondu has partnered with payments specialists Acquired.com. Through Acquired’s network, Mondu’s suite of B2B payment services will be available to customers across...

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Austria Accelerates Real-Time Pace as EU Pursues Instant Payment Mandate
Austria Accelerates Real-Time Pace as EU Pursues Instant Payment Mandate
February 28, 2023  |  Real-Time Payments

The SEPA Instant Credit Transfer (SCT Inst) continues to gain traction in Europe amid uneven growth across the region. Introduced in November 2017, the intra-European...

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Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
February 17, 2023  |  Retail

British auto marketplace Cazoo is selling its German subscription business two years after buying it.  The decision, announced in a Friday (Feb. 17) statement, comes after the online...

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New Map Shows Real-Time Payments Progress in 2023
New Map Shows Real-Time Payments Progress in 2023
January 04, 2023  |  Faster Payments

Real-time payments are becoming table stakes worldwide, driven by intense demand from businesses and individuals. Surveys have found that the availability of fast payments was...

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SMB Budgeting Platform Helu.io Raises $10M in Series A
SMB Budgeting Platform Helu.io Raises $10M in Series A
July 27, 2022  |  Investments

Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over...

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This Week in Big Tech: Keeping Data Safe Remains Job One in Europe
This Week in Big Tech: Keeping Data Safe Remains Job One in Europe
February 04, 2022  |  Big Tech

This week in Big Tech news, Austria finds that Google Analytics’ services are illegal, while Belgium rules Europe’s AdTech industry violates regulations. Plus, Facebook loses...

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Austria Aims to Boost Crypto Adoption by Taxing Them Like Stocks
Austria Aims to Boost Crypto Adoption by Taxing Them Like Stocks
November 09, 2021  |  Cryptocurrency

Austrian officials say the tax it’s planning to apply to cryptocurrencies, similar to what’s done on mainstream stocks and bonds, is about creating confidence in...

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