Sweden is set to have the "world's largest wooden city" with plans for the development in Stockholm. Danish studio Henning Larsen and Swedish architecture firm White Arkitekter are the studios behind the design that will be constructed in the Sickla area of the city. It will use the largest amount of fire-proofed mass timber in a project of this kind with 7,000 office spaces and 2,000 homes, along with shops and restaurants being built. Sign up to our free Indy100 weekly newsletter This amount of wood will be used to cover the 250,000 square metre development to display the "serenity of a forest" and natural elements will also be part of the buildings. "We sought to create an urban environment infused with the serenity of a forest, resulting in a dense, open space that bears the distinctively minimalistic and functional aesthetic of Scandinavian design," Atrium Ljungberg told Dezeen. "The architects innovatively incorporated natural elements into the structures – for instance, green roofs for better insulation and large windows to let in natural light, embodying our vision of a city that thrives in harmony with nature." The environmental benefits of using this wooden material were noted too as it emits fewer emissions than concrete as well as a reduced climate impact during and after its construction. The project is planned to get underway in 2025, with the first buildings being completed two years later. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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Mastercard says it is helping banks to stop payment scams in their tracks, before funds leave a victim’s account. The payments provider said that in partnership with UK banks including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo and TSB, it is using payments data to help identify payment scams. Mastercard’s new tool helps banks to get an instant rating that shows the risk of a payment being made to a fraudulent account. This is based on factors such as account activity and the relationship between the payer and payee. Ajay Bhalla, president of cyber and intelligence at Mastercard, said: “We are helping banks identify and predict which payments are being made to fraudsters and stop them in real-time.” Spotting fraudulent payments among millions made every day is like finding a needle in a haystack Paul Davis, TSB Over four months, TSB said that Mastercard’s tool has increased its fraud detection. Paul Davis, director of fraud prevention at TSB, said: “Spotting fraudulent payments among millions made every day is like finding a needle in a haystack, with scams becoming ever more complex – so prevention and monitoring tools are key. “Our partnership with Mastercard is providing the intelligence needed to identify fraudulent accounts and prevent payments ever reaching them.” The Financial Ombudsman Service recently said it is seeing a higher proportion of complex scam complaints, with some involving investments or cryptocurrency. It is seeing increasing numbers of complaints which contain the features of more than one scam. For example, someone may be duped by a romance scammer who then persuades them to invest in cryptocurrency schemes which do not exist. Or someone may attempt to pay for goods which do not exist and then receive a phone call from a scammer impersonating their bank who persuades them to make multiple payments by claiming their payment attempts have been unsuccessful. Many banks are currently signed up to a voluntary reimbursement code in cases where blameless scam victims transfer money to a fraudster, but there have been concerns about this not always being applied consistently. TSB has its own fraud refund guarantee. Plans are under way to make reimbursement mandatory. The Payment Systems Regulator (PSR) has said new rules compelling banks to reimburse scam victims who have been tricked into paying fraudsters will come into force next year. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Art historian helps build new Assassin’s Creed game after son’s suggestion Twitter to stop TweetDeck access for unverified users Broadband customers plagued by issues despite inflation-busting price hikes

Two of the main coders at Kim Dotcom’s infamous Megaupload website have been sentenced to prison, the New

BOULDER, Colo.--(BUSINESS WIRE)--Aug 29, 2023--

TAIPEI The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong

DALLAS--(BUSINESS WIRE)--Sep 11, 2023--

Apple held one of its biggest events of the last decade on Monday, launching a product that could redefine the way we look at the world. The company’s annual Worldwide Developers Conference (WWDC) began with a keynote from Apple Park in California led by CEO Tim Cook, who described the company’s new $3,499 (£2,800) Vision Pro headset as “revolutionary”. The device combines virtual reality and augmented reality, with Apple claiming it heralds a “new era of spatial computing”. The world’s most valuable company also used the keynote to unveil a major overhaul of its Mac lineup, as updates for its other platforms. This year, that meant the release of iOS 17 for iPhones, WatchOS 10 for Apple Watch, and a new iPadOS. The Vision Pro also came with its own software, called VisionOS, which supports many of the same apps found on iPhones. You can read how it unfolded here, as well as follow all the latest updates from our on-the-ground coverage of WWDC 2023.

Square Enix Holdings Co. shares suffered their worst intraday drop in almost three years, erasing a little over

BOSTON--(BUSINESS WIRE)--May 15, 2023--