September 05, 2023
Visa: AI Helps Combat the ‘Democratization’ of Cybercrime and Ransomware
Michael Jabbara, vice president and global head of fraud services at Visa, told PYMNTS the fraud game is changing. Up until recently, he said, “you needed to have a certain...
August 31, 2023
X to Collect User Biometric and Employment Data on Road...
X, the social network formerly known as Twitter, has updated its privacy policy to include a new kind of user data it plans to collect: biometric data. “Based on your consent, we...
August 24, 2023
Fiserv Teams With Akoya on Data Sharing
Consumer-permissioned data — as a concept — is nothing new in financial services. Look back across the past few decades, Jamie DelMedico, vice president and head of product for Fiserv’s...
August 17, 2023
JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive...
In the darkest days of the pandemic, businesses scrambled to confront supply chain pressures and meet consumers on their mobile devices. The changes felt temporary because commerce would return to...
August 15, 2023
Can China’s First-Mover Advantage in Regulating AI Keep Innovation Alive?
As of this week, artificial intelligence (AI) is no longer a globally unregulated entity. This, as China’s new rules governing the disruptive technology — composed of two dozen guidelines —...
August 15, 2023
Amazon Leans Into Consumer Love for Biometrics With Expanded Palm...
Mega-retailer Amazon’s scaled-up rollout of its pay-by-palm technology, One, a month after its announcement, may not be the first offering of such technology, but the sheer number of stores receiving One at once may make it...
August 10, 2023
Consumers Like Biometrics More Than Passwords
Consumers may be stuck using the outmoded authentication system, but most prefer more sophisticated methods. Traditional use of passwords currently remains the most prevalent method for digital activities, despite recent...
August 10, 2023
EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip cards were in global circulation,...
August 08, 2023
China Calls for Limits on Facial Recognition Tools
China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial recognition and proposing instead the...
