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South Korea redefines privacy accountability with Alipay as test case

By Jenny Lee and Mike Swift ( February 6, 2025, 00:40 GMT | Comment) -- In a bold cross-border move, South Korea’s privacy regulator has ordered Chinese fintech giant Alipay to delete a credit-risk assessment model built on unauthorized data from 40 million Kakao Pay users. The decision signals a shift in global privacy enforcement, where regulators are no longer focused solely on the mishandling of personal data — they’re now zeroing in on its downstream products, including sophisticated artificial intelligence systems. In a rare cross-border enforcement move, South Korea’s privacy regulator has ordered Chinese fintech giant Alipay to delete a credit-risk assessment model built with ill-gotten data — a bold decision that signals a shift in global privacy enforcement....

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