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Artificial intelligence is changing our lives, but is it for the better?

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Unless you’ve been living under a rock, artificial intelligence has most likely come into your life.

It seems like its opportunities are endless.

It’s now transforming the way we shop, bank and even date.

Big tech companies are seeking to do good on these possibilities.

There’s a few barriers when it comes to its success.

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Understanding insider risk: focus on mistakes, not blame

Insider risks often stem from innocent mistakes, highlighting the need for supportive reporting cultures in organisations

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Insider risks often stem from innocent mistakes, highlighting the need for supportive reporting cultures in organisations

In Short:
– Most insider incidents arise from unintentional mistakes by employees rather than malicious intent.
– Organisations should foster a culture of openness and psychological safety to encourage error reporting and learning.

When discussing insider risk, the common perception is of a malicious employee. In reality, most incidents stem from unintentional mistakes. Errors occur when employees upload files incorrectly or engage with phishing emails while distracted.

Jacqueline Jane and Andrew Pedroso of SoSafe are exploring approaches to mitigate this risk by discussing systems that accommodate human errors rather than imposing punishments.

These errors often involve well-meaning employees acting in error rather than out of malice, accounting for 60-70% of incidents. To reduce risk, organisations can implement advanced technologies that streamline processes while fostering an environment where employees feel confident to admit mistakes. It’s crucial to shift the mentality from fearing errors to learning from them.


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DeFi revolutionises finance as trust in banks declines

DeFi revolutionises finance, shifting power from banks to individuals with higher returns and decentralised transactions

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DeFi revolutionises finance, shifting power from banks to individuals with higher returns and decentralised transactions

In Short:
– The shift to DeFi is changing how people view money and decreasing trust in traditional banks.
– DeFi offers higher returns and operates without intermediaries, but misconceptions about risks still exist.

The shift from traditional banking to decentralised finance (DeFi) is transforming perceptions of money. Expert trader Ben Killen discusses why people are losing faith in banks. Current bank yields are low, contrasted with DeFi opportunities offering significantly higher returns. The global M2 supply and its debasement underscore the limited value of traditional savings accounts. As inflation rises, many seek alternatives in cryptocurrency.

DeFi operates on blockchain technology, removing the need for central intermediaries and enabling users to earn potentially higher yields of five to fifty percent. Adoption is still early, with around a billion active wallets projected soon.


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Cryptocurrency aims for everyday use in Australia

Pay It Now promotes easy cryptocurrency spending in Australia with innovative features, including a Web3 Mastercard for everyday use

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Pay It Now promotes easy cryptocurrency spending in Australia with innovative features, including a Web3 Mastercard for everyday use.

In Short:
– The crypto market is shifting towards everyday spending, with Pay It Now expanding in Australia.
– Pay It Now offers a 0% merchant fee and allows businesses to accept cryptocurrency easily.

The crypto market is evolving beyond trading into everyday spending.Pay It Now, a New Zealand-based exchange, is expanding rapidly in Australia.

Daniel Rawiri, the head of marketing and merchant services at Pay It Now, discusses his role in enabling businesses to accept cryptocurrency payments through the PIN network. Rawiri joined the company after investing in its digital asset, the PinToken.

Pay It Now aims to make cryptocurrency an everyday payment method. The company provides tools for users to integrate crypto into daily transactions, offering features like gift card purchases and an app for seamless spending.


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