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GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking

GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking

GFT and Thought Machine are collaborating to propel U.S. banks into the digital age, departing from legacy systems in favor of cloud-native solutions. Traditional banks are now focusing on introducing innovative financial experiences to gain a competitive edge. The partnership offers three paths to digital transformation, with GFT being a leading implementation partner of Thought Machine's Vault Core. This technology enables the launch of digital-first banks or migration from legacy systems. The partnership has achieved significant milestones, including certifications and completed projects. Traditional banks are poised to leverage their expertise and regulatory frameworks by embracing digitization.

Celsius Network Considers Legal Action Against Crypto Blogger

Celsius Network Considers Legal Action Against Crypto Blogger

Celsius Network is considering taking legal action against crypto blogger Tiffany Fong for leaking internal information regarding the company’s bankruptcy case. Fong has been reporting on the bankruptcy case via YouTube and social media platforms, sharing leaked internal information allegedly provided to her by disgruntled former Celsius employees.

NFTs can Help Patients Have Significant Control of Personal Health Data: Global Scholars

NFTs can Help Patients Have Significant Control of Personal Health Data: Global Scholars

A global and multidisciplinary team of scholars have released a publication noting that NFTs have the capability of spreading their wings to the healthcare sector by helping patients safeguard their personal health information.

Blockchain-Based Startups Empower Individuals to Identify Fake News

Blockchain-Based Startups Empower Individuals to Identify Fake News

The fight against misinformation is just starting. Yet startups like Blackbird.AI and Civil are making it easier for Internet readers to identify and discount fake and misleading news. Find out more >

MetaMask Users Email Addresses Exposed in Cybersecurity Incident

MetaMask Users Email Addresses Exposed in Cybersecurity Incident

MetaMask, the popular Ethereum wallet, experienced a cybersecurity incident that exposed the email addresses of some of its users who submitted a customer support ticket between August 1, 2021 and February 10, 2023. The breach may have affected up to 7,000 users and some of the customer support tickets included a free text field where users may have submitted personally identifying information. The company has taken steps to eliminate unauthorized access in the future and is working with a cybersecurity and forensics team to investigate the incident.

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors

Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.

AI's Pioneering Role in 2024: Transformations and Challenges

AI's Pioneering Role in 2024: Transformations and Challenges

AI in 2024 is transforming various sectors with advancements in text-to-video technology, the proliferation of deepfakes, and new applications in robotics and journalism, reshaping work and societal norms.

Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning

Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning

Yann LeCun's DjVu format significantly influenced open-access in the machine learning community, facilitating the distribution of high-resolution scanned documents online and promoting collective power in intellectual property negotiations.

UK's ICO to Investigate OpenAI CEO's Worldcoin Project

UK's ICO to Investigate OpenAI CEO's Worldcoin Project

The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.

WisdomTree Appoints Digital Transformation Expert Rilla Delorier to Board

WisdomTree Appoints Digital Transformation Expert Rilla Delorier to Board

WisdomTree adds Rilla Delorier to its Board, leveraging her 30-year expertise in digital transformation as the firm amplifies its strategic growth initiatives.

SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs

SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs

SAP SE announces a major restructuring plan, allocating €2 billion to reorient 8,000 roles towards AI-driven business areas, in response to the rapidly evolving tech industry landscape.

Blockchain Association Seeks Information on De-banking of Crypto Companies

Blockchain Association Seeks Information on De-banking of Crypto Companies

The Blockchain Association has filed Freedom of Information Law requests to the Federal Housing Finance Agency and the New York Department of Financial Services, seeking more information on the de-banking of crypto companies after the closure of Signature Bank and the failure of Silvergate Bank.

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