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Crypto

U.S. Treasury warns financial sector after $12.7 billion in suspected crypto fraud transactions

The U.S. Treasury urged financial institutions to strengthen suspicious activity reporting and information sharing to counter crypto investment scams run by overseas fraud groups. Reports linked to such activity cited about $12.7 billion in transactions, making it a key task to trace criminal money flows. FinCEN recommended more precise reporting by banks, credit unions, crypto exchanges and brokerages and introduced a new filing keyword for potential involvement of overseas scam centres.

AI & Enterprise

ADT Caps partners with Hana Bank to support digital transformation for small merchants

SK Shieldus physical security brand ADT Caps said on Wednesday it will run a digital solutions support project for 500 small-business sites nationwide through Hana Bank’s “Hana Power On Store” program. It will provide selected merchants with AI CCTV, an IoT store management solution, kiosks, QR ordering and a clean care service. ADT Caps has continued the initiative with Hana Bank since 2023, supporting digital transformation at about 2,000 sites.

AI & Enterprise

Shopify COO calls for X-shaped talent in AI era

In the AI era, workers who can quickly gain expertise across multiple fields may be more competitive than specialists in a single area, an opinion article said. Shopify Chief Operating Officer Jess Hertz introduced the idea of “X-shaped talent,” an expansion of the traditional T-shaped model. She said AI can help employees cross job boundaries and operate in several areas. Shopify has already reflected AI use in its HR and work systems.