Tech and crypto firms pledge to combat illegal wildlife trade

IndustryDigital Finance
โดย Reuters·Read original
Summary · why it matters

A coalition of major technology, crypto, and other businesses announced plans to help stamp out the illegal wildlife trade. Companies including Google, Meta, TikTok, and Alibaba committed to ending trafficking on their platforms and exploring ways to eradicate online listings, including through AI-enabled detection and prevention. Vodafone, Vodacom, and Safaricom will use AI in anti-money-laundering and transaction monitoring systems across the mobile money platform M-Pesa. Crypto, blockchain analytics firms, and payment companies including PayPal, TRM Labs, Chainalysis, and Luno pledged to disrupt financial flows linked to the illegal wildlife trade. British Airways and Heathrow will launch a public awareness campaign about the trade, which a United Nations Environment Programme report says generates as much as $23 billion annually and threatens an estimated 1 million plant and animal species with extinction.

Impact on stocks 7

Artificial Intelligence▲ · 3 stocks
Alibaba Group Holding Ltd
9988
▲ PositiveTechnologyrelevance

Alibaba commits to using AI to detect and prevent illegal wildlife trade listings on its platform.

Alphabet Inc Class C
GOOG
▲ PositiveTechnologyrelevance

Google commits to using AI to detect and prevent illegal wildlife trade listings on its platform.

Spatial Computing / AR/VR▲ · 1 stocks
Meta Platforms Inc.
META
▲ PositiveTechnologyrelevance

Meta commits to using AI to detect and prevent illegal wildlife trade listings on its platform.

Digital Finance & Tokenization▲ · 1 stocks
PayPal Holdings Inc
PYPL
▲ PositiveRegulationrelevance

PayPal pledges to disrupt financial flows linked to illegal wildlife trade, aligning with regulatory trends.

Cloud & Digital Infrastructure▲ · 1 stocks
Vodafone Group PLC
VOD
▲ PositiveTechnologyrelevance

Vodafone will use AI in anti-money-laundering systems on M-Pesa to combat illegal wildlife trade.

Industrials▲ · 1 stocks

Off-coverage companies 7

Safaricom PLCPrivate▲ Positive
Technologyrelevance

Safaricom will use AI in anti-money-laundering systems on M-Pesa to combat illegal wildlife trade.

Vodacom GroupPrivate▲ Positive
Technologyrelevance

Vodacom will use AI in anti-money-laundering and transaction monitoring systems to combat illegal wildlife trade.

ByteDancePrivate± Mixed
relevance

ChainalysisPrivate± Mixed
relevance

Heathrow Finance PLCPrivate± Mixed
relevance

LunoPrivate± Mixed
relevance

TRM LabsPrivate± Mixed
relevance

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