March. 7, 2025 /Mpelembe Media/ — The crucial role of money laundering in the illicit drug trade, estimating its global value at half a trillion US dollars annually. It details how drug cartels function as international logistics companies, with profits distributed across the supply chain from producers to street-level dealers. Continue reading
Jan. 14, 2025 /Mpelembe Media/ — A SimCorp-commissioned report, based on a survey of 200 global buy-side executives, highlights the need for better AI integration in investment processes. The majority of respondents recognise AI’s potential benefits but lack sufficient information for effective implementation across investment analysis, decision-making, risk management, and client engagement. Continue reading
Jan. 11, 2025 /Mpelembe Media/ — nsave, a fintech company founded by former Rhodes Scholars, launched an investment platform offering safe, compliant overseas accounts and investments to individuals in high-inflation economies. This platform provides access to US equities, ETFs, and soon, funds, aiming to protect and grow wealth for those facing financial exclusion. Continue reading
Jan. 7, 2025 /Mpelembe Media/ — New research from the UK reveals that a significant portion of the British public is keeping cash on hand due to concerns about banking IT failures. One in four Brits report this behaviour, highlighting a growing distrust in digital banking systems. Concerns centre on the frequency of IT outages and the potential for data breaches, impacting consumer confidence. The research underscores the need for banks to improve IT security and transparency to reassure customers. Continue reading
Jan. 3, 2025 /Mpelembe Media/ — The Internal Revenue Service (IRS) is using artificial intelligence (AI) to improve the efficiency and effectiveness of its audit selection process, particularly within the National Research Program (NRP). The NRP is used to develop estimates of the tax gap, which is the difference between taxes owed and taxes paid. The IRS is implementing AI models to select tax returns for audit in a way that is intended to be more targeted and efficient than traditional methods. Continue reading
Jan. 3, 2025 /Mpelembe Media/ — This interim guidance memorandum from the IRS Chief Data and Analytics Officer outlines new Internal Revenue Manual (IRM) 10.24.1, establishing AI governance principles and processes. It details requirements for AI use case inventories, approval procedures, and risk management, particularly for safety-impacting or rights-impacting AI. Continue reading
Jan. 1, 2025 /Mpelembe Media/ — The Wine Market Journal released its annual list of top-appreciating wines for 2024, highlighting eleven wines that significantly outperformed the stock market. Analysis considered auction data from 2023 and 2024, focusing on wines with sufficient trade volume and minimum average prices. The list showcased various wines, including several from the 1970s, reflecting trends in collector preferences for older vintages and specific regions. Continue reading
Dec. 31, 2024 /Mpelembe Media/ –In 2025, AI-enabled personal computers (PCs) are expected to become the new normal, although ARM-based PCs will not grow out of their minority segment.
Here are some key predictions regarding the future of AI in personal computing devices: Continue reading
As the cryptocurrency industry grows, the demand for accessible and efficient mining solutions has never been higher. ZT Mining, a leading innovator in cloud mining, announces a new range of services designed to democratize access to cryptocurrency mining while addressing environmental concerns. Continue reading
Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that it is the first ATM solution provider to deploy the Microsoft® Windows 11® IoT Enterprise LTSC 2024 operating system in a live environment. The deployment includes two bank partners in Central Asia, Eurasian Bank and Kapital Bank, and follows the company’s previous announcement that it was the first ATM solution provider to support Windows 11. Implementation of the software deployment will be managed by BS/2, Diebold Nixdorf’s licensed partner in the Central Asia region. Continue reading