Prince Adewole Adebayo, former presidential candidate of the Social Democratic Party (SDP), has commended the reappointment of Dr Ngozi Okonjo-Iweala as Drirector-General (DG) of World Trade Organisation (WTO), saying it was well deserved. The General Council of the World Trade Organisation on Friday, November 29, reappointed Ngozi Okonjo-Iweala for a second term as its DG. The new four-year tenure will begin on September 1, 2025. Writing on his official X, @Pres_Adebayo, the SDP chieftain thanked Predident Bola Tinubu and other global stakeholders at WTO for making her reappointment posdible. He equally expressed hope that her reappointment would improve global trade, which will, in turn, foster social justice, international friendship and sustainable development. “I am most delighted to congratulate our dear sister and one of the world’s finest public servants @NOIweala on her reappointment for a second term as the Director-General of the World Trade Organization. I thank @officialABAT and other global stakeholders of the @wto for their support for a most deserving candidate. “It is my hope that global trade will become a means of fostering social justice, international friendship and sustainable development in our time to bid farewell to poverty and insecurity in a world awash with capital, technology and enterprise,” he stated.Suspect in the killing of UnitedHealthcare’s CEO struggles, shouts while entering courthouseHow deepfake technology works
RALEIGH, N.C. (AP) — In a story published Oct. 15, 2024, about a CNN report on North Carolina gubernatorial candidate Mark Robinson, The Associated Press erroneously reported which of his social media accounts CNN cited in a comparison to language in messages from a pornographic website message board. CNN cited his public Facebook account, not his Twitter account.The Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including artificial intelligence (AI) and machine learning (ML), to safeguard customers from fraudsters. The decision was taken during a high-level meeting chaired by the Secretary of DFS with representatives from the Reserve Bank of India (RBI), public sector banks, private banks, and payment banks. “Banks were directed to adopt advanced technologies, including AI/ML solutions, for real-time detection of mule accounts, training & upskilling bank staff on fraud detection & prevention, greater advocacy & awareness for common citizen for not to fall prey to the fraudsters,” Department of Financial Services in a social media post said. Advertisement At the meeting, the secretary of the Department of Financial Services, emphasised the need for proactive measures to protect citizens’ hard-earned money, and highlighted the importance of leveraging cutting-edge tools and practices to combat these challenges effectively. The secretary also emphasised the importance of spreading awareness among customers about common fraud tactics, urging citizens to stay vigilant and not fall prey to fraudsters. Apart from this, banks were instructed to prioritise the training and upskilling of their staff in fraud detection and prevention. The banks were encouraged to explore MuleHunter.AI, an AI/ML-driven solution developed by the RBI, which offers enhanced capabilities in detecting fraudulent activities and tracking suspicious accounts. Notably, last week, RBI Governor Shaktikanta Das said that the RBI Innovation Hub is making progress in combating financial fraud by promoting the use of MuleHunter.AI, an advanced artificial intelligence tool. This technology specialises in detecting and flagging mule accounts, which are often exploited for money laundering activities. Advertisement