Privacy/page/5 news and trends

European Data Protection Authorities to Investigate OpenAI’s ChatGPT
Regulation // 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 the investigations but does not prejudge the findings that will be made by each DPA,...

Real-Time Transactions and Regulations Continue to Shape Payments
Real-Time Payments // 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 supply side. Now it’s up to the consumer. Seth Perlman, global head of product at i2c, said there are...

Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Biometrics // 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 Wednesday (May 22) press release that it has directed the organization to stop scanning and collecting iris...

Open-Loop Payments Help Advance Smart City Innovation
Connected Economy // 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 increase in the prevalence of apps and platforms to streamline everyday commuting journeys. This growing shift has...

Interviews & Exclusives
Real-Time Transactions and Regulations Continue to Shape Payments

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 supply side. Now it’s up to the consumer. Seth Perlman, global head of product at i2c, said there are several drivers pushing consumers, as well as enterprises and banks, toward seamless and […]

Open-Loop Payments Help Advance Smart City Innovation

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...

GenZ Loves Their Digital Wallets

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....

Data Privacy Laws Threaten Small Businesses’ Digital Advertising Efforts

April 08, 2024
The Maryland Online Data Privacy Act of 2024, a proposed bill set to impact data collection and online privacy, successfully passed both the Senate and House of Delegates and now awaits...

Quick Reads
Transcend Raises $40 Million to Grow Data Privacy Platform

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 consumers to delete data” and now offers 12 products that help enterprises understand and manage personal data, privacy tasks, risks and AI systems, Transcend said […]

European Data Protection Authorities to Investigate OpenAI’s ChatGPT

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...

Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong

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...

OpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise

April 12, 2024
OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month in San Francisco, New York and London,...