Regulation stories - Page 3

Global spend on Anti-Money Laundering systems by non-financial entities is set to soar 170%, reaching $6.3 billion by 2028, driven by stricter regulations.

The Australian Government's expansive Cyber Security Strategy aims to foster a resilient, inclusive digital future, securing businesses, individuals, and the national economy against escalating cyber threats.

SMS marketing offers telcos a potent tool for customer engagement, but strict Australian regulations demand meticulous compliance to avoid hefty penalties and reputational damage.

Consumers are struggling to identify AI-generated images and are calling for stricter regulations, according to a new study.

The third reading of the UK AI bill took place in the House of Lords amid questions over its readiness following the EU AI Act's passing and with the AI Safety Summit on the horizon.

UK tech industry association, TechWorks, launches new venture at Bletchley Park, TechWorks AI, aimed at governing the challenges and prospects of AI technology.

Global open banking leader, Ozone API, has formed a strategic partnership with Thistle Initiatives to help financial institutions achieve compliance with the forthcoming Third Payment Services Directive (PSD3).

Australian healthcare provider Calvary partners with Irish firm MEG to enhance regulatory compliance and quality care through a digital auditing tool, marking an innovative step towards standardisation.

New Elastic study reveals nearly all (99%) UK IT decision makers believe generative AI can drive significant organisational change, despite concerns around privacy, security and regulation.

Japanese SMBs express optimism about AI's potential to improve operational efficiency, according to Barracuda Networks.

The Centre for Media Transition's latest report, commissioned by ACCAN, urges the ACMA to increase transparency around telecommunications regulation enforcement, recommending a public register of penalties.

LG Magna e-Powertrain achieves global certification for its Cyber Security Management System, cementing compliance with impending UNECE WP.29 car cybersecurity regulations.

Despite 82% of businesses aggressively investing in AI, half remain unsure about its real business impact and integration roadmap, according to a report by Orgvue.

The EU Parliament has passed the AI Act, a first-of-its-kind legislation categorising AI solutions based on risk, with some potentially facing prohibition due to system threats.

The 2024 Payments Innovation Jury report notes damaging effects of major cryptocurrency failures on global market confidence.

Evolving AI Act positions EU at the helm of a comprehensive framework, pioneering guidelines for worldwide AI development, setting the pace for innovation.

AI regulation will likely vary - with some aspects being vital and others possibly being more adaptable to enable AI's massive potential fully.

Stablecoins, an innovative class of cryptocurrency, combine the advantages of digital security and rapid transactions, despite myths and misunderstandings.

Fintech leaders urge UK regulators to impose stricter AI laws to foster confidence and responsible usage in financial services.

Australian businesses express the highest global distrust in AI technology, with 60% showing scepticism, according to a study by cloud applications provider, Workday.