Number of words: 407 The rise of fintech has the potential to extend the benefits of financial inclusion to millions of people but also poses complex regulatory challenges, says a new UN-backed report which also questions the value of the increasingly popular sandbox approach. In a report for the UN Secretary-General’s Special Advocate for Inclusive … Read more
Number of words: 1,409 Sandboxes are the hot trend in financial regulation. Or rather, deregulation. China, Singapore, Australia, Canada, and more than 20 other countries have them. U.S. regulatory agencies are starting them. Arizona has one, and other states may follow suit. Sandbox programs are supposed to be a kind of safe space to allow … Read more
Number of words: 407 When you’re browsing online, who sets the prices? An algorithm, most likely. A study from 2015 showed that a third of all items on Amazon had prices set by an algorithm, and chances are that percentage has only risen. A new study shows how easy it would be for price-setting algorithms … Read more
Number of words: 474 Scientists have created a fabric that can automatically regulate the amount of heat that passes through it, helping a person stay cool or warm depending on the weather conditions. When conditions are warm and moist, such as those near a sweating body, the fabric allows heat to pass through. When conditions … Read more
Number of words: 507 Choosing a high-calorie indulgent dessert may lead you to pick up healthier main and side dishes, according to a study. The study, published in the Journal of Experimental Psychology, placed either a healthy or less healthy dessert (fresh fruit vs lemon cheesecake) at the beginning or end of a university cafeteria … Read more
Number of words: 357 A group of scientists have developed a way to translate brain waves directly into human speech, potentially giving patients who are unable to use their voices another way to communicate. While the science is still a long way from a method that can be used as an interpreter for people who … Read more
Number of words: 376 Scientists have determined the ideal wing shape for fast flapping flight — an advance that may lead to better methods for harvesting energy from water as well as for enhancing airspeed. The research, published in the journal Proceedings of the Royal Society A, relies on a technique that mimics evolutionary biology … Read more
Number of words: 2,729 SINGAPORE: Last year, a man-versus-machine showdown took place in the United States. 20 top corporate lawyers from across the country were pitted against an artificial intelligence (AI) software developed by legal technology firm LawGeex, where they reviewed and approved everyday contracts over a period of two months. The results were astounding. … Read more
Number of words: 463 Killer Snails makes educational games designed to spark interest in science among K-12 students. The startup was founded in 2015 by Mandë Holford, Jessica Ochoa Hendrix, and Lindsay Portnoy, who among them have decades of scientific research and teaching experience. From the outset, the partners knew the “play-break-fix” model would be … Read more
Number of words: 633 Scientists at Indian Institute of Technology, Guwahati, have developed a simple paper kit that can test freshness of milk and tell how well it has been pasteurized. Aided with a smart phone app, the kit can help ensure that milk is consumed before it turns too sour. Milk being widely consumed … Read more
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