Klarna rolls out autofill consumer verification data service

Klarna rolls out autofill consumer verification data service

Klarna has rolled out a new service for customer data sharing with merchants, enabling a smoother checkout process and personalised offers for users. On registration, the customer chooses what data they wish to share with the merchant, and sign-up to any membership or bonus programmes on offer. Merchants gain access to personal data with …

Read more

Why ChatGPT Won’t Kill Coders

Why ChatGPT Won’t Kill Coders

In Will ChatGPT Kill Coders?, we examined many demand suppressors that threatened to kill coders’ jobs. We also alluded to DEMAND STIMULANTS, which work as counterweights by boosting demand for coders. In this post, we will do a deep dive into Demand Stimulants. Comprising new computing paradigms and markets, demand stimulants not only arrest …

Read more

IT trends that will gain prominence in 2024, ETCIO SEA

IT trends that will gain prominence in 2024, ETCIO SEA

We have covered the cloud and its constituent trends in the previous article and let us examine the trends of Generative Artificial Intelligence in 2024 here. Generative AIAs per this McKinsey research, it is estimated that generative AI could add the equivalent of $2.6 trillion to $4.4 trillion of value annually. According to this Precedence …

Read more

47 Percent of Internet Traffic is From Bots — Security Today

47 Percent of Internet Traffic is From Bots — Security Today

Report: 47 Percent of Internet Traffic is From Bots Imperva Inc. recently released 2023 Imperva Bad Bot Report, a global analysis of automated bot traffic across the internet. In 2022, nearly half (47.4%) of all internet traffic came from bots, a 5.1% increase over the previous year. The proportion of human traffic (52.6%) decreased to …

Read more

A Case for Distributed Computing for LLMs in Fintech

A Case for Distributed Computing for LLMs in Fintech

Previous year i.e., 2023 has clearly been a standout year in terms of advancements in field of AI domain. Traditionally it’s always been felt that to get the most out of AI one need a strong investment in infrastructure and support. It’s never been as clear as last year due to the virtue of advent …

Read more

Modine invests in liquid immersion cooling technology to support high-density data center applications, ETCIO SEA

Modine invests in liquid immersion cooling technology to support high-density data center applications, ETCIO SEA

Modine (NYSE: MOD), a diversified global leader in innovative thermal management solutions, announced that it had purchased the intellectual property and other specific assets of TMG Core, a specialist in single- and two-phase liquid immersion cooling technology for data centers with high-density computing requirements. “Modine’s investment in liquid immersion cooling technology advances our strategy to …

Read more

Quantum Computing in Finance

Quantum Computing in Finance

Quantum computing is changing the game in finance. Financial modeling is becoming more efficient, secure, and intelligent using this revolutionary technology.  Here are three things that will make you look at your financial world differently. 1. Super Speed Calculations : Our computer operates on a binary system of ones and zeros. But with quantum computing, it …

Read more

Supervisor Threatens Exiting Employee To Have Nothing To Do With The Company. So He Complies When Their Internet Was Turned Off. » TwistedSifter

Supervisor Threatens Exiting Employee To Have Nothing To Do With The Company. So He Complies When Their Internet Was Turned Off. » TwistedSifter

When are people gonna learn…? It never pays to be a total jerk to your co-workers or the people who you supervise! Because one day it’ll probably come back to bite you. And that’s exactly what happened in this story from Reddit’s “Malicious Compliance” page. They started by saying they were working as an IT …

Read more

Elon Musk’s X granted payment processing license in 13 US states

Elon Musk’s X granted payment processing license in 13 US states

The social media platform formerly known as Twitter received approval for payments services from Pennsylvania, building on Musk’s ambitions of transforming X into an “everything app” where users can conduct their “entire financial life” on the app. As reported in Reuters, this development permits X to facilitate money transfer in the same way that …

Read more

Government Planning New Regulations for Hosting deepfakes: IT Minister

Government Planning New Regulations for Hosting deepfakes: IT Minister

The government is planning new regulations that may impose penalties on both creator and platform hosting deepfakes as it looks to clamp down on what IT and Telecom Minister Ashwini Vaishaw described as “a threat to democracy”.  Amid some celebrities reporting their faces being manipulated onto another video, new protection regulations being considered will look at measures …

Read more