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The FTC has sued Maryland-based Key Investment Group for using fake accounts, bots, and networks to bypass purchase limits, hoarding over 300,000 tickets—including 2,000 for Taylor Swift's Eras Tour—and reselling them at inflated prices for millions in profits. This action aims to halt deceptive practices and promote fairer ticketing.
Download the eBook, The impact of AI on data center security, sustainability, and talent development, to explore AI’s impact on data centers and how to prepare for what’s next.
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Thailand's TouristDigiPay initiative lets foreign tourists convert cryptocurrencies to Thai baht for seamless payments, boosting post-pandemic tourism recovery. Operating in a regulated sandbox with KYC, AML checks, and spending limits, it prevents direct crypto use while mitigating risks. This could inspire global crypto-tourism models if successful.
Hong Kong's government is mandating e-payments in all taxis by April 2026 to modernize the cash-dominant industry, with startups like Dash offering fee-free systems. Despite driver resistance over costs and tips, passenger enthusiasm and potential stablecoin integration promise transformation. Analysts predict 80% e-payment adoption by 2027.
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New York AG Letitia James sued Zelle's parent company for enabling over $1 billion in fraud losses since 2017 by prioritizing speed over security. The lawsuit seeks restitution, anti-fraud reforms, and penalties after the CFPB dropped a similar case. This action highlights growing regulatory pressure on fintech platforms.
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