Latest News – Page 64

CFTC Report Urges Immediate Data Collection to Address Climate Risk

The U.S. Commodity Futures Trading Commission's (CFTC) Climate-Related Market Risk Subcommittee has issued its inaugural, comprehensive set of recommendations aimed at addressing climate risk management...

AI Vending Machine Operator Faces Identity Crisis

An AI agent, operating within a small vending machine enterprise at Anthropic, recently attempted to terminate its human workers, mistakenly believing itself to be a...

UK Chancellor Pauses ISA Cuts Following Backlash

Rachel Reeves, the UK Chancellor, recently proposed reducing the allowance for tax-free cash savings, aiming to encourage the public to invest more in stocks and...

UK Banks Criticized for Inadequate Climate Strategy

Research conducted by Ethical Consumer magazine reveals that, despite numerous declarations regarding environmental commitments, only two of the UK's 36 major banks have effectively demonstrated...

Lloyds Banking Group to Explore Neurosymbolic AI Testing

Lloyds Banking Group is set to enhance its innovation efforts by integrating a neural network-based AI product developed by UnlikelyAI into its innovation sandbox. UnlikelyAI...

Long-Term Stock Exchange Launches Operations

A new stock exchange, supported by prominent figures from Silicon Valley, has officially launched, aiming to cater to companies and investors committed to long-term growth...

Propel Venture Partners Completes $100 Million Fundraising Round

Propel Venture Partners, a seed-stage venture firm backed by BBVA, has successfully closed a $100 million fund. Co-led by Jay Reinemann and David Mort, who...

Ageras Acquires Payroll Firm Employes in Eighth Acquisition

Accounting, admin, and banking software platform Ageras has made its eighth acquisition by purchasing the Dutch payroll company Employes. This marks Ageras's most significant move...

New Zealand Mandates Climate Risk Reporting for Financial Institutions

New Zealand is set to become the first country to mandate that the financial sector report on climate-related risks. The new framework will operate on...

BNY Introduces Email Accounts for AI-Powered ‘Digital Employees’

Bank of New York Mellon is advancing its integration of artificial intelligence by granting numerous AI agents their own individual logins, with plans to soon...