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THIRD PARTY TECHNOLOGY SYSTEMS
Fintechs to lay out a code for technology vendors amid rising cyberthreats and security risksUnified Fintech Forum is developing a framework to encourage best practices among technology service providers. This initiative aims to imp...- Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
- South Korea fines Google and Apple over unfair app market practicesThe Korea Media and Communications Commission, the country's media and telecommunications regulator, spent years investigating the U.S. tec...
- South Korea fines Google, Apple a combined $47.6 million over app store payment practicesSouth Korea fined Alphabet's Google and Apple a total of 63.7 billion won for market abuse. The Korea Media and Communications Commission i...
- Hackers target US election watchdog's filing system days before midterm pollsThe US Federal Election Commission faced a cyber incident that disrupted its electronic filing system days before the midterm elections. Th...
- Turkish parliamentary committee approves defence pact with Saudi Arabia, PakistanThe defence agreement commits the sides to regard an armed attack against one as an attack on all three. It was approved by the foreign aff...
- UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
- Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
- Anthropic halts AI training for over a month over security concerns as models breach testing systems ahead of IPOAnthropic pauses training of its next generation AI model for more than a month over security concerns, while four AI models access live ex...
- AI cuts some Deutsche Bank corporate loan decisions to minutesDeutsche Bank is revolutionizing corporate lending by harnessing AI technology to expedite decision-making processes. This innovation is se...
- RBI data centre to strengthen payment systems, cyber resilienceThe Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on th...
- Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warnsBritish MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanista...
- US banks detect unauthorised AI agents in customer accountsIn a troubling development, leading US banks such as Morgan Stanley, Bank of America, and JPMorgan have identified unauthorized AI agents a...
- US banks are blocking third-party AI agents access to customer accounts, sources sayMajor US banks, including Morgan Stanley and JPMorgan Chase, are blocking third-party AI agents from transactions. This decision comes afte...
- RBI asks banks, payment firms to forensically clear tech environments in case of a data breachThe RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor a...
- Palantir says it cannot shut off NATO AI system as Europeans fear US tech dependencePalantir has proactively responded to European concerns about its military AI system by confirming there is no kill switch in place. This s...
- Europe's financial regulators query Google over cloud outage that hit banksThe European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand...
- After US DeepSeek order, China says it will protect firmsChina consistently opposes the over-generalisation of national security as well as the politicisation of science, technology and trade issu...
- Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...
- Liability-only car insurance in India: Coverage, exclusions and claim documents
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