America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said in an interview with the Financial Times (FT) Thursday (Dec. 19) that Europe’s “adversarial” relationship with tech companies is hindering broader...
Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how the tech giant needs to meet interoperability requirements of the Europe Union’s (EU) Digital Markets Act (DMA). The EC’s guidelines for Apple...
Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new systems debuting in other regions, the year has been a turning point for faster, more accessible transactions. What follows are...
The European Union’s new competition chief, Teresa Ribera, reportedly said that a breakup of Google is still a possibility. Ribera said that divestments can keep Big Tech companies from gaining too much market power and that she aims to build on the “legacy” of her...
December 06, 2024
Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new systems debuting in other regions, the year has been a turning point for faster, more accessible transactions. What follows are some key highlights from the year. In January, Mastercard and […]
November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance...
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled...
July 08, 2024
Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World Does Digital,” its Gen Z...
December 20, 2024
OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s General Data Protection Regulation (GDPR). Italy’s data protection agency, the Garante, fined OpenAI 15 million euros (about $15.6 million), saying it found that the company used personal data to train ChatGPT without […]
December 19, 2024
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said in an interview with the Financial...
December 19, 2024
Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how the tech giant needs to...
December 05, 2024
The European Union’s new competition chief, Teresa Ribera, reportedly said that a breakup of Google is still a possibility. Ribera said that divestments can keep Big Tech companies from gaining...
