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FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
September 19, 2024  |  Artificial Intelligence

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...

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Irish Data Regulators Put Google AI Model Under Review
Irish Data Regulators Put Google AI Model Under Review
September 12, 2024  |  Regulation

A European regulator is investigating whether Google’s artificial intelligence model complies with privacy laws. Ireland’s Data Protection Commission (DPC) is examining whether the tech giant...

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AI Explained: Inside the World of Datasets
AI Explained: Inside the World of Datasets
September 09, 2024  |  Artificial Intelligence

Artificial intelligence datasets form the bedrock of modern systems. As tech giants and researchers push the boundaries of machine capabilities, the data they use quietly...

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What the US Can Learn From Europe’s Digital Wallet Renaissance
What the US Can Learn From Europe’s Digital Wallet Renaissance
September 03, 2024  |  Mobile Wallets

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...

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Uber Fined $324 Million for EU Data Protection Breach
Uber Fined $324 Million for EU Data Protection Breach
August 26, 2024  |  Regulation

Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection...

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AI Search Startup Perplexity Dives Into Ad Game
AI Search Startup Perplexity Dives Into Ad Game
August 23, 2024  |  Artificial Intelligence

Perplexity AI, a billion-dollar artificial intelligence search startup, is reportedly preparing to monetize its platform through ads in the fourth quarter. The move comes as...

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OpenAI Launches Fine-Tuning Feature for GPT-4o
OpenAI Launches Fine-Tuning Feature for GPT-4o
August 20, 2024  |  Artificial Intelligence

OpenAI launched fine-tuning for GPT-4o, saying this capability allows developers to increase performance and accuracy for their applications. The feature launched Tuesday (April 20) and...

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US House Leaders Call on Regulators to Focus on AI Benefits
US House Leaders Call on Regulators to Focus on AI Benefits
August 16, 2024  |  Artificial Intelligence

Leaders of the House Financial Services Committee (HFSC) called on the Treasury Department to focus on the potential benefits of artificial intelligence as the department...

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Why Location Is Personalization’s Superpower for Merchants
Why Location Is Personalization’s Superpower for Merchants
August 16, 2024  |  Connected Economy

In the current business landscape, consumers crave personalized experiences. In an increasingly digital world, the importance of location intelligence in marketing cannot be overstated, particularly...

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