The EU’s AI Act may not create a global regulatory influence but is likely to define standards for biometric technologies in the EU, particularly affecting the Digital Identity Wallet. Research highlights the importance of protecting fundamental rights amidst the challenges posed by biometric surveillance regulations, including exceptions for law enforcement. The European Union’s AI Act…
Wero, a mobile payment app by the European Payments Initiative, is expanding into Belgium. The app supports QR code and P2P payments, aiming to create a unified European payment solution. Following its launch in Germany and France, Wero plans to introduce additional functionalities and enhance e-commerce payments. Despite losing some banking partners, the platform boasts…
U.S. states are exploring AI regulation inspired by the EU AI Act, focusing on limiting algorithmic discrimination. Colorado has initiated legislative efforts, with proposals emerging in multiple states. However, compliance burdens raised by these new measures could pose challenges for businesses, particularly in biometrics, where existing state proposals lack restrictions on real-time remote identification. The…
