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The European Union is arguably a world leader when it comes to privacy regulation, thanks to the General Data Protection Regulation (DGPR) and other initiatives like the Data Act or the European Governance Data Act. In artificial intelligence (AI), despite falling behind the two superpowers,...
At a time when vehicles are in short supply and selling for record-high prices, consumers are choosing to keep their existing vehicles longer and invest the money to keep them running. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
From accountancy to anti-fraud measures, the various technologies that exist under the FinTech umbrella have always deployed the latest innovations. When it comes to the application of artificial intelligence (AI) in finance, startups are proving to be every bit as important as the tech giants...
The U.S. Federal Trade Commission (FTC) issued a report to Congress last week, on June 16, warning about using artificial intelligence (AI) to combat online harm and urging policymakers to exercise “great caution” when relying on AI as a policy solution. The Commission voted 4-1,...
Microsoft won’t be selling facial recognition technology in an “unfettered” way anymore, Reuters reported Tuesday (June 21), and will be ending the sale of technology that guesses emotions based on a facial image. Get the Full Story Complete the form to unlock this article and...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
On Friday (May 13), national and international public officials provided testimony in a public hearing hosted by the House Committee on Financial Services about the use of artificial intelligence (AI) for effective RegTech. Get the Full Story Complete the form to unlock this article and...
The EU Parliament discussed Wednesday (May 11) a draft report with the proposed amendments to the Artificial Intelligence Act, and while the different parties seem to agree on the most important issues in the regulation, lawmakers will still have to iron out a number of...
