A recent PYMNTS Intelligence-PayPal study revealed that nearly 100 million American and Australian consumers are interested in using an all-in-one everyday app, like the new passkey feature announced by X. However, concerns about data security remain a significant barrier to their widespread adoption. The study found that most Americans are uneasy about the security offered by everyday apps, with 67% of Americans focused on shopping-related activities expressing heightened concern.
Key takeaways:
- Social media platform X, formerly known as Twitter, is hiring 100 content moderators to police child abuse content, with a focus on Child Sexual Exploitation (CSE).
- The company has made it harder for criminals to share or engage with CSE material and easier for users to report it, despite minors making up less than 1% of its daily users in the U.S.
- X was recently forced to block searches for “Taylor Swift” after sexually explicit, AI-generated images of the singer circulated on the site, causing concern from the Biden administration.
- A joint PYMNTS Intelligence-PayPal study shows that while there is significant consumer interest in all-in-one everyday apps, concerns about data security are a major barrier to their adoption.