privacy

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  |  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  |  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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Open-Loop Payments Help Advance Smart City Innovation
Open-Loop Payments Help Advance Smart City Innovation
May 14, 2024  |  Connected Economy

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...

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Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
May 03, 2024  |  Biometrics

Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and...

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