Category Archives: Finance

03Jan/25

IRS AI Audit Selection: Innovation and Risk

January 3, 2025FinanceArtificial general intelligence, Artificial intelligence, Computational neuroscience, Cybernetics, Existential risk from artificial general intelligence, Hypothetical technology, Income tax audit, Internal Revenue Service, Regulation of artificial intelligenceadmin

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 →

03Jan/25

IRS Artificial Intelligence Governance and Principles

January 3, 2025FinanceApplications of artificial intelligence, Artificial intelligence, Artificial Intelligence Act, Card, Cdao, Computational neuroscience, Cybernetics, Dasib, Ethics of artificial intelligence, Existential risk from artificial general intelligence, Existential risk from artificial intelligence, Internal Revenue Service, Partnership on AI, Philosophy of artificial intelligence, Raio, Regulation of artificial intelligenceadmin

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 →

02Jan/25

wine as an investment

January 2, 2025FinanceAgriculture in Italy, Barolo, Bordeaux wine, California wine, French wine, Inglenook Cabernet Sauvignon Limited, Investment wine, Italian wine, Italy, Jeb Dunnick, Reputation, Robert Parker, Sterling Vineyards, The Wine Advocate, United States, White wine, Wineadmin

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 →

31Dec/24

AI PCs: 2025 Market Forecast

December 31, 2024FinanceABI Research, AMD, Artificial intelligence, Classes of computers, Intel, Microsoft Windows, Personal computer, Post-PC era, Windows XPadmin

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 →

03Dec/24

Diebold Nixdorf First to Implement Microsoft® Windows 11® on Live ATMs

December 3, 2024FinanceATM, Diebold Nixdorf, Embedded systems, Eurasian Bank, Internet of things, Kapital, Kapital Bank, Microsoft Windows, The Microsoft, Windows 11admin

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

30Nov/24

Are You Ready to Buy a Car with Crypto? CryptoAutos Brings Cryptocurrency to Car Buying and Selling in the UK and Europe

November 30, 2024FinanceBitcoin, Blockchain, Cryptocurrency, Decentralization, Financial technology, SEED.Photoadmin

CryptoAutos, the world’s first cryptocurrency-driven automotive marketplace, is reshaping luxury car purchases by leveraging blockchain technology for a seamless and modern experience. Continue reading

23Nov/24

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

November 23, 2024FinanceBybit, Cryptocurrency, Cryptocurrency exchanges, Financial technology, USDTadmin

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event. Continue reading

18Nov/24

Three Companies Fighting Back Against China’s Rare Earth Dominance

November 18, 2024FinanceAmerican people of German descent, Attempted assassination of Donald Trump in Florida, Donald Trump, The Trump Organization, Time Person of the Year, Trump–Ukraine scandal, United Statesadmin

With Trump having secured a historic victory in the U.S. Presidential election, investors are now racing to position themselves for a new America. Dramatic shifts in geopolitical, financial, and trade policies are going to transform the market, with trillions of dollars at stake. And nowhere is the anxiety more acute than among strategic companies, with Trump’s victory poised to give a boost to big banks and send defense sector stocks soaring. Continue reading

05Nov/24

Sumsub Reveals First Global Fraud Index Showcasing 103 Countries’ Susceptibility to Digital Fraud

November 5, 2024FinanceFraudadmin

Today, Sumsub, a leading full-cycle verification platform, releases the Global Fraud Index, the first-ever in-depth study of 103 countries that offers a complete overview of the risk of digital fraud. The Index reveals the underlying factors that fuel fraud in various parts of the world, aiming to raise public awareness of the root causes rather than mere numbers. Continue reading