Banking - Page 2

Banking is the financial business of accepting deposits from the public, providing loans, and offering financial services such as savings accounts, checking accounts, and investment products. It involves the management of financial transactions and the facilitation of payments between individuals, businesses, and governments. Banks act as intermediaries, connecting savers who deposit money with borrowers who need funds, thereby supporting economic activity. The banking sector encompasses various types of institutions, including commercial banks, investment banks, credit unions, and savings and loan associations. Regulatory bodies oversee banking operations to ensure the stability and security of the financial system.
AI’s Dark Side: China Launches Crackdown on Fake Stock Market News

AI’s Dark Side: China Launches Crackdown on Fake Stock Market News

China’s securities watchdog intensifies efforts against misleading stock market information, responding to AI-fueled manipulation. The China Securities Regulatory Commission (CSRC) collaborates with police and cyberspace authorities to dismantle false information networks. DeepSeek, a Chinese AI firm, offers powerful data analysis tools but
15 March 2025
Revolutionizing Computation: The Power of Rigetti’s Hybrid Quantum-Classical System

Revolutionizing Computation: The Power of Rigetti’s Hybrid Quantum-Classical System

Rigetti Computing’s Aspen-M quantum processor integrates quantum and classical technologies on a single chip, marking a significant leap in computational capabilities. By combining quantum qubits with classical bits, Aspen-M enhances computational efficiency, especially beneficial for cryptography and molecular simulations. Rigetti’s innovation simplifies
3 March 2025