Many countries – including New Zealand – will be keenly watching how the application of the AI Act unfolds and how its principles might be used or adapted elsewhere.

We have not seen disruptive innovations observed overseas from fintechs such as Revolut, Monzo, and Rocket Mortgage, as fintechs here face a range of impediments entering and expanding.

Telecommunications provider Spark will next month launch a SMS “scam firewall” for its mobile customers which will automatically detect known fraudulent text message content

With advances in artificial intelligence (AI), it is expected that in 2024, there will be a boost in health tracking.

TikTok’s travails show that the US will allow open innovation to flourish - as long as it doesn’t threaten US power.

There are lingering perceptions that the cloud is more secure than more traditional on-premises systems. While there are certainly benefits that can be leveraged from the cloud, without the right security layers, businesses are just as exposed.