privacy

At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’

At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  Legal & Regulation

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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Apple Intelligence’s Predictive AI May Impact Shopping as We Know It
Apple Intelligence’s Predictive AI May Impact Shopping as We Know It
June 11, 2024  |  Artificial Intelligence

Apple’s foray into artificial intelligence (AI), unveiled at the Worldwide Developers Conference, aims to transform how consumers interact with their devices and, more importantly, how...

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5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Legal & Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from...

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Meta’s AI Training Plans Targeted by EU Privacy Group
Meta’s AI Training Plans Targeted by EU Privacy Group
June 06, 2024  |  Artificial Intelligence

Meta’s plans for training its AI have run afoul of a European privacy group. Vienna-based NOYB — the European Center for Digital Rights —  said Thursday (June 6)...

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Transcend Raises $40 Million to Grow Data Privacy Platform
Transcend Raises $40 Million to Grow Data Privacy Platform
May 28, 2024  |  Investments

Transcend raised $40 million in a Series B funding round to continue growing its suite of privacy and artificial intelligence governance solutions. The company started...

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European Data Protection Authorities to Investigate OpenAI’s ChatGPT
European Data Protection Authorities to Investigate OpenAI’s ChatGPT
May 24, 2024  |  Legal & Regulation

A task force of the European Data Protection Board (EDPB) released a report that will guide member countries’ data protection authorities (DPAs) as they investigate OpenAI’s chatbot, ChatGPT. The report provides preliminary...

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Real-Time Transactions and Regulations Continue to Shape Payments
Real-Time Transactions and Regulations Continue to Shape Payments
May 24, 2024  |  Real-Time Payments

When it comes to payments innovations, banks and payment companies have held up their end of the deal. Instant payments, pay-by-bank, digital wallets, artificial intelligence and...

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Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

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