Privacy/page/3 news and trends

AI Becomes Real Estate’s New Landlord
Artificial Intelligence // October 21, 2024

With office spaces sitting empty and real estate markets in flux, artificial intelligence is transforming how buildings are managed and how investors forecast trends. Observers say AI improves commercial real estate management by monitoring office use and forecasting maintenance requirements. It offers more efficient approaches...

Mastercard Debuts Open Banking ‘Command Center’ Connect Plus
Mastercard // October 18, 2024

Mastercard introduced a tool that lets consumers control the sharing of their financial data. Connect Plus is a “data command center” that lets consumers determine how, where and with whom their data is shared, according to a Friday (Oct. 18) press release. “Transparency is the...

Making Sense of Why SOC 2 Compliance Matters for Payments
Security & Fraud // October 18, 2024

In the payment innovation space, security, trust and compliance are three non-negotiable pillars. Their importance is growing against an operational backdrop where data extortion and ransomware attacks impact businesses. Eighty percent of organizations have attack paths that expose critical assets, and there has been a...

Klarna Now Available on Apple Pay in US and UK
Buy Now Pay Later // October 17, 2024

Klarna’s flexible payment options are now available to eligible Apple Pay users in the United States and the United Kingdom. Options include pay later in three or four installments, as well as financing for higher-ticket items, and they are available to users checking out on...

Interviews & Exclusives
The Data-Ready Deficit Looms Large for the Platform Economy

October 31, 2024
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and interpret data in real time allows businesses to respond quickly to market demands and customer preferences. The PYMNTS Intelligence report “The Platform Business Data Readiness […]

52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try

October 02, 2024
As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are gravitating toward smaller financial institutions...

Meta, Klarna and Spotify Join Call for EU Regulations for AI

September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry...

What the US Can Learn From Europe’s Digital Wallet Renaissance

September 03, 2024
Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets have been transforming the proverbial...

Quick Reads
Mastercard Debuts Open Banking ‘Command Center’ Connect Plus

October 18, 2024
Mastercard introduced a tool that lets consumers control the sharing of their financial data. Connect Plus is a “data command center” that lets consumers determine how, where and with whom their data is shared, according to a Friday (Oct. 18) press release. “Transparency is the key ingredient to instilling trust in the digital economy,” Jess […]

Klarna Now Available on Apple Pay in US and UK

October 17, 2024
Klarna’s flexible payment options are now available to eligible Apple Pay users in the United States and the United Kingdom. Options include pay later in three or four installments, as...

EU Court Rules Meta Violated GDPR With Personal Data Use for Advertising

October 04, 2024
The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from Facebook users to deliver targeted...

FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion

September 19, 2024
The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority (FCA), said Thursday (Sept....