Hong Kong’s massive pension project grapples with technical glitches

Hong Kong’s recent eMPF Platform, intended to modernise a $166 billion pension system, is facing backlash with operational blunders such as facial recognition issues and missing fund data. Launched in June 2024, the platform aims to cut administrative fees significantly but continually grapples with numerous technical challenges. Source: CIO Key Points The eMPF Platform aims […]

Read More →

Big Beautiful Bill’s Ugly Impact On Corporate And Foundation Giving

The article by Timothy J. McClimon discusses the “Big Beautiful Bill” (H.R.1) passed by the Republican-led House of Representatives, which brings significant changes to charitable giving in the U.S. The bill introduces deductions for individual taxpayers while substantially raising taxes on private foundations and imposing stricter regulations on corporate giving. The potential effects on charitable […]

Read More →

Venture firm DataTribe raises $41 million to port government-led cybersecurity innovation to the private sector

DataTribe, a venture firm focused on transforming government-led cybersecurity innovations for private sector use, has successfully raised $41 million for its third fund. The firm aims to leverage the expertise of recent government alumni, enabling them to apply their knowledge and technologies outside of government settings. This strategy places DataTribe in a unique position amid […]

Read More →

Confidence is a ‘Dangerous Attitude’ as Identity Fraud Evolves at Rapid Pace, Warns Report

A recent report warns that identity fraud is rapidly evolving and presenting growing challenges for businesses. Findings from Signicat and Red Goat Cyber Security reveal that while many firms feel confident in their ability to combat these threats, this confidence may be dangerously misplaced. Source: The Fintech Times Key Points 59% of businesses reported an […]

Read More →

Sam Altman Brings Eyeball-Scanning Tech Effort to UK

Sam Altman’s digital ID firm, World, is making waves by introducing its eye-scanning technology to the U.K. The initiative aims to provide verification services that help differentiate humans from AI, tapping into the growing concerns around AI-generated content. Source: PYMNTS Key Points World intends to set up multiple locations in London to provide digital ID […]

Read More →

Employers’ Obligations to Prevent and Respond to Sexual Harassment in Korea

Summary The article delves into the legal framework in Korea surrounding workplace sexual harassment and the significant obligations placed upon employers. It highlights the critical need for companies to investigate reports of harassment and take action, such as disciplinary measures against offenders. Unlike many jurisdictions, Korea does not recognise punitive damages for civil claims which […]

Read More →

New York Attorney General orders 26 sweepstakes operators to cease-and-desist 

It seems like the article you were looking for isn’t available anymore (404 error!). But no worries! We can still discuss some important aspects about privacy preferences and how cookies work when you visit websites. Source: Original URL (Not Found) Key Points Websites often store or retrieve information from your browser, primarily using cookies. Cookies […]

Read More →