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financial privacy
Trends
- 1Revolut trials face-recognition payments with Pay with Smile●Revolut testet mit „Pay with Smile“ biometrisches Bezahlen per Gesichtserkennung und verknüpft dabei KYC-Daten, eigenes
Revolut is testing "Pay with Smile", a biometric payment method that lets customers pay by facial recognition, linked to their KYC data and settled directly from their Revolut account via the company's own POS hardware. Observers note it creates a near-closed payment ecosystem that bypasses traditional cards and smartphones, raising both interest in the convenience and questions about privacy and data use.
- 233Across Rebrands as WealthStage, an AI Ad Platform for Finance●ICYMI: 33Across becomes WealthStage, an ad platform for banks and trading apps: Lenders, brokers and insurers get an AI
Ad-tech company 33Across has rebranded as WealthStage, repositioning itself as an advertising platform for banks, trading apps, lenders, brokers and insurers. The company says its AI engine scores household wealth to target financial ads, pointing to an estimated $124 trillion changing hands between generations by 2048 as the market opportunity. Questions are being raised about which data sources feed the wealth-scoring system and what parts of the old 33Across business remain.
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A new battle over financial privacy is emerging, with debate centering on how much access governments and institutions should have to individuals' financial data. The dispute touches on surveillance, consumer rights, and the balance between security and personal freedom in the digital economy. Observers expect the issue to grow as regulators weigh new rules affecting how financial information is collected and shared.
- 4New paper proposes private Bitcoin payments using Zcash technology▼Inside the 'Shielded Bitcoin' paper that proposes private BTC payments using Zcash tech
A new research paper dubbed 'Shielded Bitcoin' proposes bringing private payments to BTC by adapting Zcash's shielded transaction technology. The proposal suggests applying zero-knowledge proof techniques so Bitcoin payments could be made confidential while remaining verifiable. CoinDesk examined the paper, which is drawing attention in crypto circles to the long-running debate over privacy and compliance on public blockchains.