New stand needed to hold directors accountable

The Companies Amendment Act – which is a direct result of the Zondo Commission of Enquiry into State Capture’s finding that directors of captured state-owned entities (SOEs) had not been properly held accountable – extends the time bar to hold...

Alphabet’s lifetime revenues break $2trn mark

The parent company of Google and YouTube – Alphabet – has seen its lifetime revenues hit an astounding $2,082-trillion, according to Stocklytics.com. “Alphabet initially relied heavily on search engine advertising for its revenue,” says...
Citizen scientists spot object moving a million miles per hour

Citizen scientists spot object moving a million miles per hour

Most familiar stars peacefully orbit the center of the Milky Way. But citizen scientists working on NASA’s Backyard Worlds: Planet 9 project have helped discover an object moving so fast that it will escape the Milky Way’s gravity and shoot into...
AI powers up the US Open fan experience

AI powers up the US Open fan experience

IBM and the United States Tennis Association (USTA) announced several watsonx-powered fan features coming to the US Open digital platforms ahead of this year’s tournament. The new and enhanced capabilities – a product of collaboration between IBM and the...

Technology and its role in the future of banking

Kathy Gibson reports – The bank of the future will be very different to what banks look like today. For some years, banks have been going through a digital transformation to reinvent themselves, but the jury is still out on what this strategy actually involves....

Fraud, AML protection key for banks

Kathy Gibson reports – Fraud and financial crime are a fact of life for bankers. Banks need to find new ways to detect attacks, increase the accuracy of these tools to reduce false positives, and improve productivity. The two big issues for banks are fraud in...