Hi Tech & Innovation

Moscow metro launches face recognition payments

Moscow on Friday rolled out a facial recognition payment system in the city's metro system, part of a rapid expansion of the controversial technology in Russia.

Business

Hong Kong customs arrest four in first crypto laundering bust

Hong Kong customs officials said Thursday they had dismantled a money laundering syndicate that used cryptocurrency to process some HK$1.2 billion ($155 million) in illegal funds, in what they said was the first successful ...

Business

EU plans digital ID wallet for bloc's post-pandemic life

The European Union unveiled plans Thursday for a digital ID wallet that residents could use to access services across the 27-nation bloc, part of a post-pandemic recovery strategy that involves accelerating the shift to an ...

Business

Unmanned supermarkets to the rescue in Sweden's rural areas

One after another, grocery stores are shutting down in rural Sweden, leaving villagers to travel miles to buy food. But a new type of shop has sprung up in their wake: unmanned supermarkets in mobile containers.

Business

Turkey arrests 4 in new digital currency platform probe

Turkish authorities arrested four people Monday on fraud charges in connection with an investigation into a local cryptocurrency trading platform—the second to be probed in recent days.

Business

TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance has begun rolling out an electronic payment service connected to Douyin, the Chinese version of the popular short video app, the tech giant said Tuesday.

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