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DSS attends FCA Innovate

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#UnitedStates, December 14, 2017 – New York – The Financial Conduct Authority (FCA), the conduct regulator for over 56,000 financial services firms and financial markets in the UK, recently hosted a gathering of financial regulators, financial institutions, and FinTech firms to discuss “FinTech Innovation in Anti-money Laundering & Digital ID”.   The goal for FinTech Innovate, which took place in London from 5 – 6 December 2017, was to “encourage innovation in the interest of consumers”.Domus Semo Sancus (DSS) was one of the FinTech firms that got an invitation to the gathering, and it was represented by its Chairman and CEO, E. Jay Saunders, and Head of Technical Development, Rohit Trivedi. During the two day gathering, attendees discussed how to promote innovation within current AML requirements, combining data protection with AML innovation, unlocking new technologies in AML compliance, transaction monitoring technologies, AML and digital ID considerations in Open Banking, and the FCA’s Regulatory Sandbox.Commenting on DSS’ attendance at the gathering, Saunders stated that “we would like to thank the FCA for inviting us to FCA Innovate.   London is the FinTech capital of the world and it is one of two cities that we’re currently considering for our European headquarters, and so it made sense for us to attend.”   He further expressed that “UK financial firms spend over US$5B per year on regulatory compliance, a market that our award-winning enhanced due diligence software SafetyNet.ai caters to, and it would be remiss of us not to seek to establish a foothold in this market, especially considering our close ties to the UK.” Related Items:last_img read more

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Senate Seems Poised to Disapprove of Wall Emergency

first_img ADC AUTHOR Sen. Rand Paul (R-Ky.) became the fourth senator to say he’ll back a House-passed resolution reversing President Trump’s declaration to use military construction funds to build a southern border wall.“I can’t vote to give the President the power to spend money that hasn’t been appropriated by Congress,” Paul said Sunday, according to the Bowling Green Daily News. “We may want more money for border security, but Congress didn’t authorize it. If we take away those checks and balances, it’s a dangerous thing.”Sens. Susan Collins (R-Maine), Lisa Murkowski (R-Alaska) and Thom Tillis (R-N.C.) have said they will support the resolution when it comes to the Senate floor. If four Republicans join all Democrats, the resolution would pass in the Senate, but Congress does not seem to have the votes to override a promised veto.DOD photo by U.S. Army Sgt. Amber I. Smithlast_img read more

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Sites hosting mosque shooting video blocked in Australia

first_img Facebook Google YouTube A memorial for victims of the terrorist attack in Christchurch, New Zealand. A gunman stormed two mosques in the city and shot worshippers, live streaming one of the shooting sprees. Marty Melville/Getty Images Australia’s biggest telecommunications carriers have blocked “dozens” of websites that continue to host footage of the mosque shooting in New Zealand. Australia’s largest carrier Telstra issued a statement on Tuesday local time saying it had blocked a number of sites still hosting the footage, which shows a gunman storming a mosque in central Christchurch and gunning down worshippers as they prayed. Australia’s other major carriers Optus and Vodafone confirmed they had also blocked a number of sites. “We understand this may cause inconvenience for some legitimate users of these sites but these are extraordinary circumstances and they required an extraordinary response,” said Nikos Katinakis, Telstra group executive of Networks and IT. “We appreciate that it is necessary to ensure free speech is carefully balanced against protecting the community, but with these sites continuing to host disturbing content we feel it is the right thing to do to block them.”Vodafone issued a similar response, saying it blocked dozens of sites to stop the further spread of the video and that it was lifting the blocks once it became aware the footage had been removed.  The move follows swift action taken by New Zealand carriers in the aftermath of the shooting to temporarily block sites hosting the footage and request it be taken down.  2 While Telstra didn’t name the blocked sites, CNET was able to confirm that message board sites 8chan, 4chan and Voat were longer accessible through the Telstra network. The alleged shooter behind the attack, an Australian national living in New Zealand, posted links to the livestream of the shooting as well as a lengthy screen justifiying his actions, on 8chan before the shooting. The extraordinary decision by Australian carriers follows powerful statements from the country’s top politicians on Tuesday, criticising social media networks such as Facebook for allowing footage of the shooting to spread. US lawmakers have also ordered companies including Facebook and Google, which owns YouTube, to appear before the House Committee on Homeland Security. The companies have been asked to explain their responses to the events on Friday and their plans to tackle the spread of extremist content on their networks.  Related Stories Share your voicecenter_img Tags Comments Tech Industry Internet New Zealand mass shooting shows tech companies can’t control viral tragedies Facebook, YouTube called to meet lawmakers about New Zealand shooting video Facebook has removed 1.5M videos of New Zealand mosque massacrelast_img read more

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Divers begin operation to extract trapped Thai boys

first_imgA rescuer arrives outside the Tham Luang cave complex after Thailand`s government instructed members of the media to move out urgently, in the northern province of Chiang Rai, Thailand on 8 July 2018. Photo: ReutersDivers began an operation to rescue 12 boys and their soccer coach trapped in a cave complex in northern Thailand, the head of the rescue mission said on Sunday.Rescuers began the mission at 10:00am local time (0300 GMT) and it would take many hours before the first boy emerged from the cave, Narongsak Osottanakorn, head of the rescue mission, told reporters.last_img
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The flow state Where creative work thrives

first_imgCsikszentmihalyi moved from Hungary to the US to study psychology and the question that had obsessed him since childhood. Growing up in World War Two-ravaged Europe, Mihaly Csikszentmihalyi saw the adults around him struggling to rebuild their lives – and often losing the will to try. He became preoccupied by a question that doesn’t trouble most kids: what makes life worth living? He wondered how wealth fit into the happiness equation, but the data suggested money wasn’t the answer; beyond a certain, basic threshold, increases in income hardly affected well-being. So, as he recounted in a TED talk enticingly subtitled The Secret to Happiness, he decided to explore “where in everyday life, in our normal experience, do we feel really happy?”. Read the whole story: BBClast_img read more

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