"If the eCNY is successful, it will give the central bank new powers, including novel types of monetary policy to help the economy grow. In one possibility that economists have discussed, a central bank could program its digital currency to slowly lose value so that consumers are encouraged to spend it immediately."
"A controversial reform of the federal nature conservation act, pushed through by Olaf Scholz's coalition government earlier this summer, slashes red tape around building windfarms near nesting sites, but banks on AI-driven "anti-collision systems" as one way to minimise such accidents."
"Doctors' appointments, job applications, personal banking, key services and more are today mostly managed online. While the UK government details its plans for a digital future to transform public services, one in seven Britons are forced to live without the internet. This film is voiced by three individuals experiencing digital exclusion, revealing how varied and complex the repercussions can be. Through enacted scenes from their lives, it makes visible the expanding digital divide - an issue too often unseen or ignored by policy makers, businesses and society at large. "
"In theory, when the conventional financial system is experiencing turbulence, alternative currencies such as bitcoin should have their time to shine. The decentralised nature of the currency means that it's impossible for any central bank to impose controls on it, while the pseudonymity at its core could make it the perfect vehicle to get money into and out of the country while avoiding legal reprisals."
"Dubbed typosquatting, the idea is simple (if devious): A hacker registers a domain that is close enough to a real site, like yourbanknarne.com, and puts up a clone of yourbankname.com. The unsuspecting victim goes to the wrong site by mistake, and enters their personal banking information. In doing so, they have inadvertently handed the digital keys to their account to a hacker. "
"KUALA LUMPUR: Facial recognition technology today is increasingly being used by law enforcement agencies, banks, hotels, airport and now convenience stores to detect and arrest criminals quickly.
Kuala Lumpur Police chief Datuk Seri Mazlan Lazim said by the installation of facial recognition closed-circuit television (CCTV) cameras in convenience stores the faces of criminals can be clearly recorded to trace their identities."