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China Creates National Cyberattack Database

PYMNTS

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it.

National 174
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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

percent by 2027, when it will reach a total valuation of $87.6 As the demand for digital payments surge, however, the systems that used to keep them secure are falling short. The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing.

Mobile 181
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way. While most people are becoming more concerned about the security of their job, Public Tableau’s data confirms 29 percent of U.S. employment will see a 9.8

Retail 121
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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

In the intervening several years, several forces, most notably the Japanese government, have actively pushed to get the nation off its cash addiction — and into digital payments. However, there have also been some significant steps back — particularly when it comes to securing a trillion-dollar switchover to cashless.

Mobile 154
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Tech Cos Confront The Ethics Of AI

CB Insights

Artificial intelligence is having a growing impact on our health, education, security, and economy. According to CB Insights data, the top three industries that have seen the most AI deals in the last five years are healthcare, security, and fintech. In some cases, AI is even a matter of life and death. Healthcare.

Google 69
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UK Lowers Boom On Huawei With Equipment Purchase Ban

PYMNTS

s National Security Council said the ban will take effect at the end of the year, with mobile network operators also required to remove Huawei equipment from their systems by 2027. Today’s decision, however, is about ensuring the long-term security of our telecoms network, specifically in the light of the new US sanctions.”.

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Chinese Advertising Generates $27B For TikTok’s ByteDance

PYMNTS

billion by 2027. . buyers when the Trump Administration tried to ban the app citing national security. Social commerce topped $89 billion January to September, making social media the new advertising darling and ByteDance a threat to longer-established platforms like Facebook and Instagram. percent stake in TikTok’s U.S.