Papaya becomes one of the first EMIs in Europe with direct SEPA access

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European fintech company Papaya Ltd. has officially become one of the first Electronic Money Institutions (EMIs) in Europe to secure direct access to SEPA, including both SEPA Credit Transfers (SCT) and SEPA Instant (SCT Inst). As of today, Papaya is listed in the European Payments Council’s official register of SEPA participants.

From: Papaya becomes one of the first EMIs in Europe with direct SEPA access.

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OpenEden: Has Stablecoin Summer Peaked?

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The yield-bearing stablecoin model mirrors broader momentum toward “productive capital.” Tokenized money‑market funds, on-chain reverse‑repo vaults and wrapped, non‑rebasing versions of yield coins (such as cUSDO) give traders familiar cash‑equivalent instruments while keeping their working capital on the blockchain.

From: OpenEden: Has Stablecoin Summer Peaked?.

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EU speeds up plans for digital euro after US stablecoin law

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People familiar with the matter added that officials were now considering running a digital euro on a public blockchain such as ethereum or solana rather than a private one, which had previously been expected, due to privacy concerns.

From: EU speeds up plans for digital euro after US stablecoin law.

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The dark rise of AI influencers: Why beautiful people who don’t exist are invading your social media | Daily Mail Online

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o get around the sheer inconvenience of other human beings, he and fellow founder Diana Nunez created a woman to pose however they like with none of the fuss, none of the real people and, conveniently, none of the pay.

From: The dark rise of AI influencers: Why beautiful people who don’t exist are invading your social media | Daily Mail Online.

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The dark rise of AI influencers: Why beautiful people who don’t exist are invading your social media | Daily Mail Online

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Aitana is among the first AI influencers: a new wave of perfect, potentially problematic content creators invading your social media feeds with flawless skin, washboard abs and unerringly symmetrical faces.

Alongside Aitana, a handful have broken through like Mia Zelu, a blonde haired blue-eyed Bible verse-quoting girl next door who ‘turned up’ at Wimbledon. These virtual Barbies can wear anything, be anywhere, do anything, no questions asked.

Comments are left on their picture-perfect lives by older men who don’t seem aware they aren’t real, an army of absurdly proportioned copycat virtual models, and cynics barely able to comprehend what appears to be the complete collapse of reality online

From: The dark rise of AI influencers: Why beautiful people who don’t exist are invading your social media | Daily Mail Online.

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Why the MCP Protocol Needs a Security Wake-Up Call | by TONI RAMCHANDANI | Data And Beyond | Medium

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Recent analysis reveals that current MCP implementations are vulnerable to a wide spectrum of security threats — ranging from malicious code execution and unauthorized remote access to credential exfiltration and prompt injection. Because LLMs are empowered to invoke tools defined on MCP servers, these vulnerabilities can be exploited by coercing the model into making unsafe or unintended calls, effectively turning a cooperative AI into a compromised agent.

From: Why the MCP Protocol Needs a Security Wake-Up Call | by TONI RAMCHANDANI | Data And Beyond | Medium.

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Surge in ‘money mules’ raises concern at UK financial watchdog

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The Lloyds data showed that 57 per cent of the funds flowing through money mule accounts exited via the UK’s Faster Payment system to other accounts and 20 per cent by value went to a single digital finance firm, which was unidentified.

About 10 per cent of the funds were withdrawn from money mule accounts in cash via ATMs or branches, RUSI said, while nearly a fifth went on debit card payments, including some to international money transfer companies. A much smaller amount, less than 1 per cent, went to cryptocurrency exchanges.

From: Surge in ‘money mules’ raises concern at UK financial watchdog.

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Surge in ‘money mules’ raises concern at UK financial watchdog

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More than 225,000 people were identified as “money mules” for letting criminals use their accounts to launder funds last year, raising concerns at the UK financial watchdog after a 23 per cent increase from a year earlier.

From: Surge in ‘money mules’ raises concern at UK financial watchdog.

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