World News

Visa Report Highlights Scams Proliferating in 2024

Visa Report Highlights Scams Proliferating in 2024

Visa has published the Biannual Threats Report for Fall 2023. It highlights emerging frauds and scams that threaten the economy on a global scale. The report suggests a significant increase in phishing scams, now backed by generative AI tools. This Visa report also points out an uptick in enumeration and ransomware incidents. Additionally, it outlines […]

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AI Hallucinations

What are AI Hallucinations? OpenAI Taking Steps to Fight Hallucinations

AI hallucinations, also known as “AI-generated hallucinations,” are a growing concern in the field of artificial intelligence. As the capabilities of AI systems continue to advance, so do the risks associated with them. AI hallucinations refer to instances where AI models generate misleading or fictitious information that can be perceived as real. These hallucinations can

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Blockchain Cryptocurrencies

What Are Blockchain Cryptocurrencies? 2024 Updated

Digital or virtual currencies have gained popularity over the years. They have completely transformed our perception of money and transactions. Today we will delve into the world of blockchain cryptocurrencies exploring their definition, potential future uses, as well as, their advantages and disadvantages. Defining Blockchain Cryptocurrencies Blockchain cryptocurrencies often referred to as cryptocurrencies are forms

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Trump to Repeal the Durbin Amendment

President Trump may be gunning to reform the Dodd-Frank Act, in particular one of the most contentious policies of the act: the Durbin Amendment. The Durbin Amendment—passed as a stipulation of the Dodd-Frank Act—allows the government to set price caps on fees for card transactions. Before 2009, interchange rates were set by banks and merchants

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