Mobile payment apps preferred over cash for Nordic face-to-face purchases

Mobile payment apps - smartphone payment at POS

Consumers in Nordic countries now prefer using their phones to pay even when in-person. Mobile payment apps have now risen to the second highest spot in terms of preferred transaction methods in Nordic countries. One in 10 consumers there prefers to use their phones when paying for in-person purchases. The percentage of people who prefer to use mobile payment apps is about twice as large as that of people whose top preference is for using cash (5 percent) when shopping in person. This makes the applications the second most popular…

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Paytm now enabled for third party UPI app mobile payments

Mobile payments - Person using payment app

The Indian company has now officially announced the implementation of this new app feature. Paytm, a mobile payments company from India, has announced that it has implemented a new feature making it possible to make UPI transactions to phones registered with third party UPI applications. The goal of the feature is to make it faster and easier for users to complete money transfers. By using this new feature, Paytm users can use the mobile payments app to complete money transfers quickly and easily when sending to any phone number, even…

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Google AI technology used in new wildfire and flood tracking

AI Technology - Fire Risk Warning

The tech giant has rolled out new and enhanced features and tools to boost information access. Google has announced that it has rolled out new enhancements using AI technology to boost its flood and wildfire tracking tools. This will make it possible for users to obtain improved information regarding natural disasters using the company’s tools. Google’s first use of AI for tracking local flooding risk was rolled out in 2018. The AI technology features feed into the alerts available by way of its Google Maps and on both Android devices…

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EU proceeds with standardized phone charger cables by 2024

Charger cables - USB-C Cable

Apple is expected to be the company most impacted by this decision, as it has its own cables. The European Parliament voted 602-13 in favor of requiring that all handheld electronic devices have standardized charger cables in the form of USB-C charging ports, and this will be required as soon as 2024. This is believed to be a first in the world law for charging port standardization for such devices. The standardization of charger cables will apply to everything from laptops and phones to cameras, tablets, smartwatches and other rechargeable…

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Canadian politicians call for ‘national pause” on facial recognition use

Facial recognition - Canada Laws

The ministers of parliament pointed in particular to the use of the technology by law enforcement. Current legislation in Canada does not provide adequate regulation for the use of facial recognition or artificial intelligence technologies, according to a recent report. A House of Commons ethics committee is calling for a nationwide pause on the use of the tech. The House of Commons ethics committee called for the Canadian federal government to establish laws and restrictions on the use of facial recognition technology. This included a moratorium on the unchecked use…

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