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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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Solana Says Regulated Industries Are Primed for Blockchain Use Cases
Solana Says Regulated Industries Are Primed for Blockchain Use Cases
August 13, 2024  |  Blockchain

Blockchain technology, once synonymous with cryptocurrencies, is expanding into mainstream industries. The $943 billion projected market by 2032 has sparked a debate between public and...

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GenAI Tools Show Promise of Reducing Payments Fraud by 85%
GenAI Tools Show Promise of Reducing Payments Fraud by 85%
August 08, 2024  |  Artificial Intelligence

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Conventional rules-based systems, relying on...

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Companies Assess Compliance as EU’s AI Act Takes Effect
Companies Assess Compliance as EU’s AI Act Takes Effect
August 01, 2024  |  Artificial Intelligence

The European Union’s AI Act came into force Thursday (Aug. 1), establishing the world’s first comprehensive regulatory framework for artificial intelligence and setting new compliance...

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