Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally clearer picture of regulation and what consumers want, a few guideposts can be set along...
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) it had filed complaints with 11 European countries, arguing that Meta’s use of user data in its AI proposed AI practices violate...
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 with a “virtual kill-switch for consumers to delete data” and now offers 12 products that help enterprises understand and manage...
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 views on some aspects of the investigations but does not prejudge the findings that will be made by each DPA,...
June 06, 2024
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally clearer picture of regulation and what consumers want, a few guideposts can be set along the way. The goal is to make it easier for […]
May 24, 2024
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 tokenization all have been pushed forward from the...
May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...
April 09, 2024
Digital wallets such as Apple Pay and Google Wallet provide consumers with convenient and secure ways to make in-store and online purchases without having to put sensitive credit or debit card data at risk....
June 06, 2024
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) it had filed complaints with 11 European countries, arguing that Meta’s use of user data in its AI proposed AI practices violate the EU’s General Data Protection Regulation (GDPR). The group asks […]
May 28, 2024
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 with a “virtual kill-switch for...
May 24, 2024
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 views on some aspects of...
May 22, 2024
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 Personal Data (PCPD) said in a...
