Connect with us

Technology

ChatGPT Rolls Out Service in Italy Weeks After Ban

Published

on

ChatGPT

OpenAI chatbot ChatGPT officially rolled out its service in Italy a few weeks after the company announced a set of privacy controls for its generative AI chatbot.

Currently, web users accessing ChatGPT from an Italian IP address are no longer met with a notification telling them that the service is disabled for users in Italy. Rather, they are met with a warm note saying “OpenAI is pleased to resume offering ChatGPT in Italy”.

Users are further mandated to be +18 and above to access the chatbot, or 13+ with consent from a parent or guardian to use the service.

The changes in how OpenAI presents ChatGPT to users in Italy are intended to satisfy an initial set of conditions set by the local data protection authority (DPA) for it to resume service with managed regulatory risk.

ChatGPT commencement of operation in Italy is coming after it was banned by the Italian data protection authority after it noted that there were privacy concerns relating to the model, which was created by US start-up OpenAI and is backed by Microsoft.

The move was followed by an order from the local data protection authority that it must stop processing Italians’ data for the ChatGPT service. This prompted the Italian regulator to ban and investigate OpenAI with immediate effect.

Also, the Garante announced it has opened an investigation into ChatGPT over suspected breaches of the European Union’s General Data Protection Regulation (GDPR), saying it’s concerned OpenAI has unlawfully processed Italians’ data. Garante also flagged worries over a lack of age restrictions on ChatGPT, and how the chatbot can serve factually incorrect information in its responses.

The regulator therefore disclosed that it will issue refunds to all users in Italy who bought the ChatGPT Plus subscription service last month and notes, too, that it is “temporarily pausing” subscription renewals there so that users won’t be charged while the service is suspended.

In a bid to ensure its Chatbot aligns with Italian regulators, OpenAI reinstated its service in the European country with enhanced transparency and rights for European users and non-users.

Investors King understands that OpenAI sent a letter to the Italian SA describing the measures it implemented to comply with the order issued by the SA on 11 April. OpenAI explained that it had expanded the information to European users and non-users, that it had amended and clarified several mechanisms, and deployed amenable solutions to enable users and non-users to exercise their rights.

Continue Reading
Comments

Fintech

Flutterwave Teams Up with EFCC to Launch Cybercrime Research Hub in Nigeria

Published

on

Flutterwave - Investors King

Flutterwave has partnered with the Economic and Financial Crimes Commission (EFCC) to establish a cutting-edge cybercrime research center in Nigeria.

This initiative comes in response to recent significant financial losses suffered by the payment technology company due to fraud.

Flutterwave, a leading payment technology company in Africa, has faced substantial financial setbacks due to cybercrime.

Recently, the company obtained a court order to recover $24 million lost to unauthorized Point of Sale (POS) transactions.

Also, Flutterwave reportedly lost N11 billion ($7 million) to fraudulent accounts in April 2024. These incidents have underscored the urgent need for enhanced cybersecurity measures.

The partnership was formalized through a memorandum of understanding (MoU) signed on June 14 in Abuja by Flutterwave’s CEO, Olugbenga Agboola, and EFCC Secretary, Mohammadu Hammajoda.

The signing ceremony also saw the presence of EFCC Chair, Ola Olukoyede, and Christopher Gray representing the FBI, among other notable figures.

Agboola emphasized Flutterwave’s expertise in combating internet fraud, particularly the tactics employed by notorious fraudsters known as Yahoo Boys.

He highlighted that the new cybercrime research center would equip anti-corruption agents with advanced technological tools and techniques to detect and prevent cybercrimes.

“The state-of-the-art center, to be built at the EFCC academy, will focus on seven key areas: advanced fraud detection and prevention, collaborative research and policy development, youth empowerment and capacity building, technological advancement, and resource enablement,” Agboola stated.

The establishment of the cybercrime research hub is a proactive step to address the rampant internet fraud that threatens the stability and trust in Nigeria’s financial systems.

The collaboration aims to enhance the capabilities of EFCC operatives in preventing, detecting, and prosecuting financial crimes.

Ola Olukoyede, the EFCC Chair, praised the initiative as a significant leap forward in the fight against financial crimes.

“The cybercrime research center will significantly enhance our capabilities to prevent, detect, and prosecute financial crimes,” Olukoyede remarked. “The EFCC is impressed with Flutterwave’s strides across Africa, and this partnership marks a crucial step towards ensuring a secure financial landscape for Nigerians.”

The partnership between Flutterwave and the EFCC signifies a robust commitment to cybersecurity, aiming to create a safer and more secure financial environment in Nigeria.

This initiative not only addresses immediate financial threats but also aims to build a resilient framework to combat future cybercrimes effectively.

With the launch of the cybercrime research hub, Flutterwave and the EFCC are set to lead the charge against financial fraud, ensuring that the Nigerian financial sector remains secure and trustworthy for all stakeholders.

Continue Reading

Fintech

Visa and Mastercard Face Setback as Judge Indicates Likely Rejection of $30 Billion Deal

Published

on

mVisa

Visa Inc. and Mastercard Inc. are facing a potential setback as a federal judge in Brooklyn indicated she is likely to reject their $30 billion settlement with retailers.

The deal, aimed at capping credit-card swipe fees, has been a focal point of contention between the card giants and merchants for years.

Judge Margo Brodie of the U.S. District Court for the Eastern District of New York expressed skepticism about the settlement during a hearing on Thursday.

According to court records, Judge Brodie suggested she might not approve the agreement, stating she would issue a written decision in the coming days.

Retailers have long campaigned to reduce their share of the costs associated with accepting card payments, known as interchange fees.

These fees, which are partially passed on to banks that issue the cards, including major institutions like JPMorgan Chase & Co. and Citigroup Inc., have been a burden for many merchants.

Announced in March and pending court approval, the settlement was designed to allow merchants to charge consumers extra for transactions involving Visa or Mastercard credit cards.

The agreement also aimed to introduce pricing tactics to steer consumers towards lower-cost cards.

“The court’s comments strongly suggest that she won’t accept the settlement,” noted Justin Teresi, an analyst with Bloomberg Intelligence. “While Judge Brodie doesn’t seem convinced that larger retailers should be allowed to opt out from the settlement, provisions like changes to digital wallet acceptance rules and some state bans on surcharges likely present real adequacy issues.”

Both Visa and Mastercard expressed disappointment over the developments. A Mastercard representative stated, “We believe the settlement presented a fair resolution of this long-standing dispute, most notably by giving business owners more flexibility in how they manage their card acceptance activities. We will pursue our options to ensure a proper resolution of this matter.”

Visa’s spokesperson echoed this sentiment, emphasizing that “continued engagement between industry and the merchants is the best way forward.”

Swipe fees have become a substantial financial issue for retailers, totaling more than $160 billion last year, according to the Merchants Payments Coalition. Reactions to the settlement were mixed when it was announced, with some retail coalitions pledging a thorough review and others quickly opposing it.

The Retail Industry Leaders Association, representing large merchants such as Target Corp. and Home Depot Inc., described the settlement as a “mere drop in the bucket” and urged careful review to assess if it adequately addresses the harm inflicted on retailers.

Doug Kantor, general counsel for the National Association of Convenience Stores, praised the judge’s remarks, stating, “We’re gratified to see that the court recognized how bad this settlement was.”

Continue Reading

Social Media

Norwegian Watchdog Slams Meta for Cumbersome Opt-Out Process in AI Training Plans

Published

on

Facebook Meta

Meta Platforms Inc., the parent company of Facebook and Instagram, is facing a new legal challenge in Norway over its plans to utilize user images and posts to train artificial intelligence (AI) models.

The Norwegian Consumer Council has lodged a complaint, criticizing Meta’s cumbersome and deceptive opt-out process, which it argues breaches stringent EU data protection regulations.

The Council’s statement on Thursday highlighted that Meta’s method for allowing users to opt out of data collection for AI training is overly complicated and intentionally confusing.

“The process to opt-out breaches strict EU data protection rules and has been made deliberately cumbersome by using deceptive design patterns and vague wording,” the Council said.

This isn’t Meta’s first run-in with European regulators regarding data privacy. The tech giant has previously faced multiple complaints for allegedly failing to obtain proper consent from users before collecting their data to target advertisements.

Also, the European Union’s top court has warned Meta about safeguarding public information on users’ sexual orientation from being used for personalized advertising.

“We are urging the Data Protection Authority to assess the legality of Meta’s practices and to ensure that the company is operating in compliance with the law,” stated Inger Lise Blyverket, head of the Norwegian Consumer Council.

The complaint was prepared by the European Center for Digital Rights and will be submitted to the Norwegian Data Protection Authority, as well as other European data protection authorities.

Due to Meta’s EU base in Dublin, the Irish Data Protection Commission will serve as the lead authority in this matter.

The outcome of this complaint could have significant implications for how Meta, and other tech companies, handle user data within the EU.

Meta’s use of user data for training AI has raised significant privacy concerns. Critics argue that without clear and straightforward consent mechanisms, users are often unaware of how their data is being used.

This latest complaint underscores the ongoing tension between big tech companies and European regulators striving to enforce robust privacy standards.

The Norwegian Consumer Council’s action reflects a growing impatience with tech giants’ data practices, emphasizing the need for transparency and user control.

As AI technologies continue to advance, ensuring ethical and lawful data usage remains a critical challenge for both companies and regulators.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending