India’s Central Bank Unveils Framework for Responsible AI in Finance
The Reserve Bank of India (RBI) has thrown open the conversation on how artificial intelligence should shape the future of Indian finance and, importantly, how it shouldn’t.
The Reserve Bank of India (RBI) has thrown open the conversation on how artificial intelligence should shape the future of Indian finance and, importantly, how it shouldn’t.
Match Group, the company behind Match.com, OkCupid, PlentyOfFish, The League, and other dating platforms, will pay $14 million and make sweeping changes to its business practices to settle Federal Trade Commission charges that it misled consumers and made it unnecessarily difficult to cancel subscriptions.
If there’s one thing regulators don’t like, it’s being ignored. And in Hong Kong, if you try to duck the calls of the market watchdogs, they’ll make sure everyone knows.
Extreme weather is no longer an abstract headline, it’s becoming a lived experience for much of the world. Deloitte’s latest Sustainability Signals survey shows that more than half of people globally have faced events like intense summer heat, flooding, or powerful storms in the past few years, with these encounters strongly shaping attitudes, spending habits, and workplace expectations.
The European Banking Authority (EBA) has found that supervisory technology, or SupTech, has the potential to make anti-money laundering and countering the financing of terrorism (AML/CFT) supervision more efficient, data-driven, and risk-focused across the EU, but warns that adoption is still in its early stages and not without challenges.
For years, Rent4Keeps and one of its biggest franchisees, Darranda, made their money by selling essential household goods to people who could least afford them and charging them eye-watering sums along the way.
Since the EU’s Digital Operational Resilience Act (DORA) took effect on January 17, 2025, financial entities across Europe have been working to align with its far-reaching operational resilience and ICT security rules. Now, Germany’s Federal Financial Supervisory Authority (BaFin) has stepped in with a tool designed to make one of DORA’s more challenging elements (documentation requirements) easier to grasp.