PYMNTS

APRIL 1, 2020

“This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

Laws 121

Laws Law Enforcement Government Governance 121

PYMNTS

DECEMBER 30, 2019

A new law in California requires companies to explain exactly what customer information, if any, is being sold to third parties, according to a report by Reuters. The new law goes into effect on Jan. Some retailers are saying compliance will be difficult because of the law’s unclear language.

Laws 52

Laws Privacy CCPA Compliance 52

VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach.

Compliance 130

Compliance Privacy Processors Legal 130

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Those could lead to changes in the company's practices or further legal proceedings, the report stated.

Legal 94

Legal Regulations Consumer Protection Privacy 94

VISTA InfoSec

MARCH 28, 2024

Data Minimization Data minimization means collecting only the information you absolutely need to serve your customers or comply with legal requirements. For example, if you’re only shipping products, you might not need to collect customers’ birthdates unless it’s relevant for legal age verification.

Data Breach 249

Data Breach Regulatory Compliance Breach Encryption 249

PYMNTS

DECEMBER 30, 2019

The real estate developer behind California’s tough new privacy law — the strictest in the U.S. Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to ensure it’s bullet-proof from modifications that could weaken it. We are in the beginning.”. Effective Jan.

Privacy 52

Privacy CCPA Laws Data Breach 52

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, The California law is more specific and more punitive for breaches. In retailing it’s usually a good thing when you’re the first to do something.

CCPA 62

CCPA Laws Privacy Data Breach 62

Payment Savvy

OCTOBER 13, 2021

A data privacy policy can help clarify your responsibilities and give your customers peace of mind. What is a Data Privacy Policy? Your data privacy policy is a legal document on your website and specifies all of the methods in which your website visitors’ personal information may be utilized.

Privacy 52

Privacy Checks Legal Laws 52

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, The California law is more specific and more punitive for breaches. In retailing it’s usually a good thing when you’re the first to do something.

CCPA 52

CCPA Laws Privacy Data Breach 52

Fintech Finance

JULY 16, 2024

These reports take forward priority actions under the G20 Roadmap to address legal, supervisory and regulatory frictions in cross-border payments to help achieve the quantitative targets in 2027. In response to these changes, legal, regulatory and supervisory frameworks that govern PSPs have had to rapidly adapt and evolve.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Consulting Regulations 98

VISTA InfoSec

SEPTEMBER 28, 2023

This blog post aims to shed light on the rights and protections offered to Data Principals under the DPDP Act, a landmark legislation that is reshaping the landscape of data privacy in India. If the individual has a disability, then the ‘Data Principal’ includes their lawful guardian who is acting on their behalf.

Laws 130

Laws Privacy Authentication Authorization 130

VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. The Digital Personal Data Protection Act (DPDP) has been passed in India.

Privacy 130

Privacy Audit Data Breach Compliance 130

PYMNTS

JANUARY 22, 2020

Patel, centers around the issue of whether Facebook broke the law in Illinois when it instituted a photo-tagging feature that honed in on users’ faces and tagged them against their will. Illinois ‘ biometrics privacy law says that companies must obtain written consent before collecting information about users’ faces.

Privacy 52

Privacy Laws Breach Rules 52

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

Privacy 78

Privacy Breach Government Governance 78

PYMNTS

FEBRUARY 13, 2020

Finally, after numerous privacy delays, the joint commission established by Facebook and the Social Science Research Council announced that it now had access to one of the largest social science datasets ever constructed. . Some privacy advocates were against the project.

Privacy 64

Privacy Federal Trade Commission Research FTC 64

PYMNTS

DECEMBER 11, 2019

The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. and Australia, all called on the social media giant to stop the plan to use encryption unless it gave law enforcement access. . That is not something we are prepared to do.”.

Law Enforcement 52

Law Enforcement Encryption Laws Privacy 52

PYMNTS

DECEMBER 11, 2019

The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. and Australia, all called on the social media giant to stop the plan to use encryption unless it gave law enforcement access. . That is not something we are prepared to do.”.

Law Enforcement 52

Law Enforcement Encryption Laws Privacy 52

PYMNTS

NOVEMBER 27, 2018

Google is facing a privacy complaint filed by a group of European consumer watchdogs that contend the internet giant used manipulative tactics to track the locations of web users so that it could target ads to them. Under the rule, companies have to provide a legal basis for using the personal data that is backed by consent.

Privacy 55

Privacy Consumer Legal Rules 55

PYMNTS

NOVEMBER 13, 2020

Under the proposed new law, citizens would be able to change their ID number if a data breach would possibly expose them to identity theft. The current law makes it difficult to change a personal identity code. The current law makes it difficult to change a personal identity code.

Breach 69

Breach Laws Identity Theft Verification 69

PYMNTS

NOVEMBER 26, 2018

The Illinois Supreme Court is set to hear arguments that will help it determine when consumers can take action under the Biometric Information Privacy Act. The suit alleges that collecting the data violated the law, but the company argued that there was no actual harm done by the collection of the print. Alphabet Inc.’s

Laws 55

Laws Privacy Rules Procedures 55

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Each of these sets its own rules on handling personal information safely and legally.

Cybersecurity 186

Cybersecurity Compliance Encryption Best Practices 186

VISTA InfoSec

OCTOBER 26, 2023

federal law passed in 2002 to protect investors from fraudulent financial activities. SOC 1 meets SOX requirements, but SOC 2 and 3 target Trust Service Principles – security, availability, processing integrity, confidentiality and privacy. law for public companies, ensuring transparent financial reporting. What is SOX?

Audit 130

Audit Compliance Laws Government 130

Stax

FEBRUARY 5, 2024

Healthcare providers, for instance, may factor in compliance costs spent on cybersecurity measures, staff training, regular audits, and legal consultations to ensure adherence to health information privacy regulations. Be aware of restrictions and guidelines in your business jurisdictions to avoid legal repercussions.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

The Fintech Times

MAY 30, 2024

As regulatory and law enforcement agencies across the globe are doggedly seeking to assert jurisdiction over the crypto industry, many companies have come under intense scrutiny in recent years due to many cases of compliance violations. Nataly Medici , chief financial officer of neobank Keytom explores what firms can do.

Compliance 64

Compliance Security Legal Blockchain 64

Fintech News

JULY 17, 2024

These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space. Crypto Obfuscation Services: Mixers, Privacy Coins, and Bridges Mixers, also known as tumblers, have seen fluctuating popularity as a tool for money laundering.

Money Laundering 106

Money Laundering Law Enforcement AML Non-Bank 106

PYMNTS

JULY 9, 2019

12, when Europe’s top court will give an opinion regarding Facebook privacy. The issue came to a head Tuesday (July 9) at the end of a Court of Justice of the European Union (ECJ) hearing capping a six-year saga pitting Facebook against Austrian privacy activist Max Schrems. Facebook isn’t alone in privacy scrutiny.

Privacy 40

Privacy Caps Rules Laws 40

The Fintech Times

SEPTEMBER 4, 2024

” ‘Headache’ over new rules “From a data privacy and cybersecurity perspective, I think the greatest challenge for compliance teams currently is keeping abreast of all the legislation, rules and regulations applicable to their organisation,” says Sarah Pearce , partner at law firm Hunton Andrews and Kurth.

Compliance 64

Compliance Rules Regulations Cybersecurity 64

Fintech Review

FEBRUARY 13, 2024

It’s crucial for regulators to enforce stringent standards for data security and privacy to ensure consumer protection. Privacy Concerns Privacy is a cornerstone of consumer protection in the world of fintech. Beyond legal and technical measures, consumer education is vital.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

PYMNTS

JULY 9, 2019

12, when Europe’s top court will give an opinion regarding Facebook privacy. The issue came to a head Tuesday (July 9) at the end of a Court of Justice of the European Union (ECJ) hearing capping a six-year saga pitting Facebook against Austrian privacy activist Max Schrems. Facebook isn’t alone in privacy scrutiny.

Privacy 40

Privacy Rules Caps Laws 40

PYMNTS

MARCH 21, 2019

Some stand apart by choice, because they are concerned about privacy and do not want their every financial transaction recorded by banks and credit card companies; physical cash remains the most accessible anonymous medium of exchange in this country. Amazon will likely lobby lawmakers about the issue, the report noted.

Laws 59

Laws Correspondent Credit Cards Non-Bank 59

CB Insights

MAY 22, 2018

Following high-profile incidents like the Cambridge Analytica breach, internet data privacy concerns are at a tipping point. Leading the charge is the European Union’s General Data Protection Regulation (GDPR), the most progressive digital privacy regulation to date. USD), whichever is higher.

Privacy 37

Privacy Laws Regulations Compliance 37

Fintech News

JUNE 12, 2024

New technologies like artificial intelligence and special privacy tools could also help make sure payments follow the rules while keeping data safe. One idea is to have a central system for checking payments against sanctions lists, which could make the process faster and simpler.

Cross-Border Payments 112

Cross-Border Payments Cross-Border Interoperability Payments 112

PYMNTS

NOVEMBER 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. The Software Freedom Law Center (SFLC) based in New Delhi said in a report published Tuesday that more than 100,000 telephone interceptions are issued by the federal government alone every year. “On

Laws 40

Laws Governance Government NOV 40

PYMNTS

APRIL 1, 2020

Consumer data privacy laws were making compliance difficult before a pandemic brought the world to a halt. The proliferation of data privacy laws has been a mixed bag, as 2019 was a banner year for data theft. The need for merchants to comply with data privacy laws in their home state and country is tough enough.

Compliance 61

Compliance Privacy Laws Rules 61

PYMNTS

JULY 15, 2016

In the latest salvo in the battle between consumer privacy and the government’s right to data as evidence in criminal cases, Microsoft won a major skirmish. The unanimous 3-0 decision is a legal landmark, as Reuters noted, because it “is a defeat for the U.S. Department of Justice and a victory for privacy advocates.”

Privacy 40

Privacy Law Enforcement Legal Rules 40

PYMNTS

NOVEMBER 6, 2019

Facebook’s 2012 policy changes that denied app developers access to user data was actually about stifling competition, not protecting user privacy, according to documents reviewed by Reuters on Wednesday (Nov. The documents revealed that some Facebook executives seemed to refer to the privacy-focused explanation as the “Switcharoo Plan.”.

Privacy 40

Privacy NOV Blocks Laws 40

PYMNTS

MARCH 12, 2020

citizens, and they can be used for everything from entering bars to proving one’s identity to law enforcement. Improved privacy is also a key draw. A 2017 survey found that 80 percent of drivers were in favor of DDLs, revealing that their lack of widespread implementation largely arises from complicated legal issues.

Law Enforcement 52

Law Enforcement Credential Laws Privacy 52