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Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Police raided early on Thursday a camp set up by pro-Palestinian student demonstrators at the University of California, Los Angeles, as anger and recriminations continued across the US over the war in Gaza and the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s financial regulator has launched criminal proceedings in an insider dealing case against hedge fund Segantii Capital Management and its founder and director, Blackpool Football Club owner Simon Sadler. The Chinese territory’s Securities and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Société Générale trader dismissed over unauthorised risky bets has hit out at the French bank, saying the “entire risk team and other bosses” were equally responsible and complaining his bonus had been withheld. Kavish

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Universal Music Group has ended its months-long boycott of TikTok, returning music from some of the world’s top artists to the billion-plus users on the Chinese-owned social media platform. The new licensing deal would lead

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK is on course for “sluggish” growth that will lag most of its G7 peers, alongside a higher rate of inflation, according to a downbeat economic prognosis ahead of Thursday’s local elections.  Gross domestic

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President Joe Biden was hoping for a lift from the Federal Reserve this year. On Wednesday, the Fed dealt those hopes a blow. Jay Powell, the central bank’s chair, confirmed what many have suspected for some time: interest rate cuts in the world’s biggest economy are not imminent. The economy remains too hot to start

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy’s deputy premier Matteo Salvini is facing an open revolt against his leadership of the far-right League party after he picked a homophobic, pro-Russia firebrand as top candidate for the upcoming European elections. Discontent within

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The Financial Conduct Authority’s chief executive, Nikhil Rathi, has said he is “not convinced” that private equity groups pose a systemic risk, taking a stance at odds with escalating warnings from the Bank of England.

Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. New lending to UK commercial real estate fell to a historic low in 2023 as lenders and investors struggled with falling property values, higher debt costs and pressure to deal with troubled loans.  Total loan

UK households have cut back on beer, bread, meat, recreation and domestic appliances since late 2021, according to a Financial Times analysis of official data that points to the impact of the cost of living crisis on consumption. Real consumer spending has yet to return to pre-pandemic levels in Britain, underperforming the US and eurozone,

Rishi Sunak’s political fate will hang on the judgment of millions of voters in an array of local elections and mayoral contests taking place across England and Wales on Thursday. Senior Tories fear that if Sunak’s party loses more than half of the 900 or so council seats it is defending along with crucial mayoralties,

Colombia is cutting ties with Israel in protest against its war in Gaza, said, Gustavo Petro, the South American nation’s president on Wednesday. “Tomorrow, diplomatic relations with the state of Israel will be broken . . . for having a genocidal president,” Petro, Colombia’s first leftist leader, said at an International Workers’ Day march in the capital Bogotá. “If

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. US regulators are poised to approve ExxonMobil’s $60bn acquisition of Pioneer Natural Resources on condition that the smaller oil company’s former chief executive does not join the supermajor’s board. The Federal Trade Commission

Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, as a it wrestles with persistent inflation across the world’s biggest economy. The Federal Open Market Committee said

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US has imposed sanctions on more than 300 Russian and international entities, including some in China and Turkey, for providing support to Russia’s military as it wages war in Ukraine. The fresh measures reflect

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Home Office enforcement teams began detaining asylum seekers destined for removal to Rwanda in a “large scale” operation across the UK on Wednesday as the union for senior civil servants started legal proceedings over the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Polish prosecutors are investigating whether Orlen, the state-controlled oil and gas company, had links to the Lebanese militant group Hizbollah via its Swiss trading subsidiary.  Prosecutor Małgorzata Adamajtys said on Tuesday the investigation would look

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Marjorie Taylor Greene, the rightwing US congresswoman, has said she will try to oust House Speaker Mike Johnson next week, escalating a civil war within the Republican party that has flared up again after Congress

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The first quarter’s run of higher than anticipated US inflation numbers have markets in a tizzy. Investors have been constantly tweaking their expectations for interest rates. The problem with all the frantic repricing is that