Is Now an Exciting Time for European Instant Payments Progress?
While attending EBAday 2025 in Paris, Sheri Brandon, Global Head of New Business, Worldline, joined the FinextraTV studio to talk about how instant payments have evolved over the last year. Defining the landscape as exciting within European payments, Brandon explained how progress is being made more significantly, especially within interoperability in the face of SEPA deadlines. On top of this, Brandon gave her predictions for future developments and how to stay ahead of rising fraud threats.
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The Independent
an hour ago
- The Independent
Music streaming service Deezer adds AI song tags in fight against fraud
Music streaming service Deezer said Friday that it will start flagging albums with AI-generated songs, part of its fight against streaming fraudsters. Deezer, based in Paris, is grappling with a surge in music on its platform created using artificial intelligence tools it says are being wielded to earn royalties fraudulently. The app will display an on-screen label warning about 'AI-generated content" and notify listeners that some tracks on an album were created with song generators. The company said AI-generated music is an 'industry-wide issue.' It's committed to 'safeguarding the rights of artists and songwriters at a time where copyright law is being put into question in favor of training AI models," CEO Alexis Lanternier said in a press release. Deezer's move underscores the disruption caused by generative AI systems, which are trained on the contents of the internet including text, images and audio available online. AI companies are facing a slew of lawsuits challenging their practice of scraping the web for such training data without paying for it. According to an AI song detection tool that Deezer rolled out this year, 18% of songs uploaded to its platform each day, or about 20,000 tracks, are now completely AI generated. Just three months earlier, that number was 10%, Lanternier said in a recent interview. AI has many benefits but it also "creates a lot of questions" for the music industry, Lanternier told The Associated Press. Using AI to make music is fine as long as there's an artist behind it but the problem arises when anyone, or even a bot, can use it to make music, he said. Music fraudsters 'create tons of songs. They upload, they try to get on playlists or recommendations, and as a result they gather royalties,' he said. Musicians can't upload music directly to Deezer or rival platforms like Spotify or Apple Music. Music labels or digital distribution platforms can do it for artists they have contracts with, while anyone else can use a 'self service' distribution company. Fully AI-generated music still accounts for only about 0.5% of total streams on Deezer. But the company said it's 'evident" that fraud is 'the primary purpose" for these songs because it suspects that as many as seven in 10 listens of an AI song are done by streaming "farms" or bots, instead of humans. Any AI songs used for 'stream manipulation' will be cut off from royalty payments, Deezer said. AI has been a hot topic in the music industry, with debates swirling around its creative possibilities as well as concerns about its legality. Two of the most popular AI song generators, Suno and Udio, are being sued by record companies for copyright infringement, and face allegations they exploited recorded works of artists from Chuck Berry to Mariah Carey. Gema, a German royalty-collection group, is suing Suno in a similar case filed in Munich, accusing the service of generating songs that are 'confusingly similar' to original versions by artists it represents, including 'Forever Young' by Alphaville, 'Daddy Cool' by Boney M and Lou Bega's 'Mambo No. 5.' Major record labels are reportedly negotiating with Suno and Udio for compensation, according to news reports earlier this month. To detect songs for tagging, Lanternier says Deezer uses the same generators used to create songs to analyze their output. 'We identify patterns because the song creates such a complex signal. There is lots of information in the song,' Lanternier said. The AI music generators seem to be unable to produce songs without subtle but recognizable patterns, which change constantly. 'So you have to update your tool every day," Lanternier said. "So we keep generating songs to learn, to teach our algorithm. So we're fighting AI with AI.' Fraudsters can earn big money through streaming. Lanternier pointed to a criminal case last year in the U.S., which authorities said was the first ever involving artificially inflated music streaming. Prosecutors charged a man with wire fraud conspiracy, accusing him of generating hundreds of thousands of AI songs and using bots to automatically stream them billions of times, earning at least $10 million.
BBC News
an hour ago
- BBC News
40-year-old Telegram boss wan leave im wealth to ova 100 children wey e born
Di founder of instant messaging app Telegram, Pavel Durov, tok say di more dan 100 children e born go share im estimated $13.9bn (£10.3bn) fortune. "All of dem na my children and dem go all get di same rights! I no wan make dem begin fight each oda afta my death," Oga Durov tell French political magazine Le Point. Oga Durov tok say im be di "official father" of six children wit three different partners, but im get more dan 100 oda children afta e donate sperm to one fertility clinic. E also repeat am again say im no get hand for di serious criminal charges e dey face for France. Di self-exiled Russian technology tycoon also tell di magazine say im children no go get access to dia inheritance for 30 years. "I want make dem live like normal pipo, make dem build demsefs up alone, learn to trust demsefs, to fit create, make dem no dey dependent on a bank account," e tok. Di 40-year-old tok say im don write will already becos im job "involve risks – defending freedoms go earn you many enemies, including within powerful states". Im app, Telegram, dey known for im focus on privacy and encrypted messaging, e get more dan one billion monthly active users. Oga Durov also address di criminal charges e dey face for France, wia dem arrest am last year afta dem accuse am of failing to properly moderate di app to reduce criminality. E deny di accuse say im no gree cooperate wit law enforcement ova drug trafficking, child sexual abuse content and fraud. Bifor now, Telegram bin deny say dem get insufficient moderation. For di Le Point interview e describe di charges as "totally absurd". "Just becos criminals use our messaging service among many odas no make dose wey dey run am criminals," e add.
Reuters
2 hours ago
- Reuters
Eutelsat shares open up 6% after France gives it capital boost
PARIS, June 20 (Reuters) - Eutelsat shares were up 6% at opening on Friday after the French government announced it would become the satellite company's biggest shareholder following a 1.35 billion-euro ($1.55 billion) capital increase. The French finance ministry said the move would help the company, which owns the world's second-largest constellation of low-Earth orbit satellites, compete with Elon Musk's Starlink. "By strengthening the capital of Eutelsat, the only European player in low-Earth orbit constellations, France is securing its strategic independence and paving the way for that of Europe," French President Emmanuel Macron wrote in a post on X early on Friday. Other major Eutelsat shareholders will subscribe to the capital increase, Eutelsat said in a statement, but it was unclear if Britain, which holds 10.9% of the company, will inject new money into it. Eutelsat merged with OneWeb in 2023, saying at the time that the tie-up would lift the group's annual sales to $2 billion by 2027, with OneWeb's second generation of LEO satellites to be launched by the decade's end. But Eutelsat has since said it needed more than three times the number of satellites previously thought, requiring up to 2.2 billion euros in financing. ($1 = 0.8686 euros)
