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Real-time News
A spokesperson for the British Prime Minister said that Britain hopes to establish an ambitious and close relationship with the European Union.On August 24, the Payment & Clearing Association of China issued the "Self-Discipline Convention for Smart Agent Payment Applications." The convention proposes that member units should explore establishing a "Know Your Customer (KYC)" mechanism to identify and verify the identity of smart agents accessing the payment chain, implement real-name management for users of smart agent payment application services, and clarify the correspondence between smart agents and users through agreements and other means.On August 24th, to promote the safe and standardized development of artificial intelligence technology in the payment and settlement industry, prevent security risks associated with technology applications, and protect the legitimate rights and interests of consumers, the Payment & Clearing Association of China (PCA) has formulated the "Self-Discipline Convention for Intelligent Agent Payment Applications." After widely soliciting opinions from member units, the convention was reviewed and approved at the second meeting of the fifth Standing Council of the PCA and is now being implemented. The convention stipulates that for intelligent agent payment applications involving core aspects of payment business such as account management, transaction processing, and fund clearing and settlement, related business should be conducted by licensed institutions such as banking financial institutions, non-bank payment institutions, and clearing institutions. Member units should bear primary responsibility for the security of users accounts and transactions, funds, and information, in accordance with the principle of "whoever provides payment services is responsible."On August 24th, the Beijing Economic-Technological Development Area (hereinafter referred to as "Beijing EDA") officially released the "AI4Chip Action Plan for the Leapfrog Development of the Integrated Circuit Industry (2026-2028)" (hereinafter referred to as "AI4Chip 20 Measures"). As the first AI4Chip-specific policy in the country, the "AI4Chip 20 Measures" focuses on five key actions: AI-native full-chain empowerment, "AI + intelligent design" to revitalize the chip industry, "AI + manufacturing and packaging" to build the chip industry, "AI + equipment and materials" to strengthen the chip industry, and "AI + industrial ecosystem" to cultivate the chip industry.Moodys: We maintain our outlook for Pakistan on a stable level.
