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Banks Must Pay Digital Fraud Victims If Due-Diligence Failure Is Found: Supreme Court

The bench suggested that financial institutions could classify accounts according to their nature and transaction patterns and deploy technology, including artificial intelligence, to identify deviations that may indicate coercion or fraud.

Banks Must Pay Digital Fraud Victims If Due-Diligence Failure Is Found: Supreme Court

We haven't written up this one. NDTV has the full story — the link below goes straight to it.

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The European Commission has told Austria to put its proposed social-media ban for children under 14 on ice for a year. Brussels wants a common European law rather than a patchwork of national…

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