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

Payments Source

SEPTEMBER 20, 2019

The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.

Privacy 106

Privacy Law Enforcement Laws Regulations 106

PYMNTS

NOVEMBER 23, 2020

Merchants and their banks must therefore keep a close eye on how privacy and open banking trends are changing, as well as what data they can use to help authenticate these customers under these emerging laws. Meanwhile, other markets are continuing to adjust with their own data protection laws. Around The Data Protection World.

Privacy 119

Privacy Regulations Verification Laws 119

PYMNTS

NOVEMBER 4, 2020

A ballot measure passed by a sizable majority of California voters to ramp up protections for online privacy could pave the way for similar measures across the country. More than half of Golden State voters – or 56 percent – voted in favor of Proposition 24, designed to bolster a California consumer privacy rights bill passed last year.

Privacy 101

Privacy Laws Origination Rules 101

Open Banking Excellence

FEBRUARY 6, 2025

By having a collaborative, cross-agency approach to this process where everyone is striving towards a common goal, we are able to solve problems without having to change laws or regulationssomething that would be far more complicated if every single government agency or ministry had to do this independently.

Government 230

Government Governance Interoperability Central Bank 230

Fintech Finance

DECEMBER 11, 2024

The partnership: Google Cloud and Swift Google Cloud is collaborating with Swift along with technology partners including Rhino Health and Capgemini to develop a secure, privacy-preserving solution for financial institutions to combat fraud. This is a global epidemic that demands a collaborative effort to achieve meaningful change.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

The Fintech Times

SEPTEMBER 24, 2024

When it comes to cybersecurity, the topic of data protection and privacy is arguably one of the most important. With this in mind, we set out to find out how regtech is enabling more robust data protection and privacy compliance. ” The post How is Regtech Enabling More Robust Data Protection and Privacy Compliance?

Privacy 107

Privacy Compliance PCI DSS Rules 107

PYMNTS

DECEMBER 16, 2020

It’s not clear how happy consumers in the United Kingdom will be over Facebook’s latest move, but privacy advocates are already up in arms. users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service.

Privacy 85

Privacy Agreements Legal Laws 85

VISTA InfoSec

SEPTEMBER 30, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customers data, they can not only damage a companys reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130

CCPA Privacy Laws Data Breach 130

PYMNTS

JANUARY 24, 2020

Critics, however, contend that the involvement of both companies in the legislative process is a way to make sure that laws don’t become too burdensome. Reuven Carlyle, among others, in one case, is aiming for a new data privacy bill again. The Online Privacy Act, if passed, would lead to the Digital Privacy Agency (DPA)’s creation.

Laws 91

Laws Regulations AI Privacy 91

PYMNTS

SEPTEMBER 30, 2020

The Dubai International Financial Centre ratified the original version of its Data Protection Law (DPL) in 2007, for example — about a year earlier than Europe’s official General Data Protection Regulation (GDPR) and first Payment Services Directive (PSD) launches. The Data Privacy Twist . Merchants And The Global Privacy Battle .

Privacy 70

Privacy Regulations Laws Rules 70

Finextra

JANUARY 12, 2025

The Consumer Financial Protection Bureau is looking into how it can apply existing privacy and consumer protections laws to emerging digital payments offered through Big Tech, as well as stablecoins and other cryptocurrencies.

Consumer Protection 75

Consumer Protection Privacy Digital Payments Consumer 75

Payments Source

SEPTEMBER 23, 2019

should pass a law with the teeth of GDPR or PSD2, says KnowBe4's Lecio De Paula Jr.

Privacy 107

Privacy Laws ISOs Compliance 107

Fi911

JANUARY 4, 2024

What Laws Govern Chargebacks in the US? Key International Laws Impacting Chargeback Processes The US led the world in payment card adoption, and as such, also adopted a leading role in developing chargeback rules and best practices. The post Chargeback Rules: What Laws & Regulations Govern the Dispute Process?

Disputes 99

Disputes Laws Rules Governance 99

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. The APAC’s recent moves speak to FIs’ and regulators’ desires for global data privacy and digital banking standards. and the U.S.

Privacy 98

Privacy API Innovation Payment APIs and Integration 98

VISTA InfoSec

SEPTEMBER 27, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Ensuring adherence to data protection laws, internal policies, and overseeing responsibilities, training, and audits.

CCPA 130

CCPA Privacy Assessments Laws 130

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

Finextra

NOVEMBER 13, 2024

US states should assess gaps in their data privacy laws to ensure Americans are protected in an era when financial institutions are increasingly bidding to monetise their customers' data, according to the CFPB.

CFPB 69

CFPB Laws Privacy Assessments 69

Segpay

OCTOBER 17, 2024

Compliance and Accountability : User-based verification provides a clear audit trail, making it easier for companies to prove compliance with age verification laws and regulations. Enhanced Privacy: This method requires less personal data collection compared to user-based verification.

Verification 111

Verification Privacy Laws Compliance 111

The Fintech Times

FEBRUARY 28, 2025

The use of AI in fintech has sparked concerns about data privacy and the misuse of sensitive financial information. “Another big challenge is related to data security and privacy. “Keeping pace with evolving laws is another challenge. It necessitates robust safeguards and adherence to data protection regulations.

AI 97

AI Regulations Best Practices Risk 97

The Paypers

MAY 23, 2023

billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US. Meta has been fined with EUR 1.2

Privacy 67

Privacy Laws Regulations 67

PYMNTS

JUNE 3, 2020

But as Prideaux noted, that sparks privacy issues for many consumers, particularly in democracies where governments can’t simply order citizens to download tracing apps. So, there’s been a lot of political pressure about privacy. The technology to do [tracing and tracking] can balance the privacy of the user,” he pointed out.

Privacy 76

Privacy Fraud Prevention Government Governance 76

Segpay

SEPTEMBER 30, 2024

This blog explores child protection laws across key Latin American countries, highlighting their different approaches and the evolving regulatory frameworks. The statute was updated in 2014 to include Internet and Child Protection to protect kids from online exploitation, cyberbullying, and access to inappropriate content ( Law 12,965/2014 ).

Verification 111

Verification Legal Framework Laws Regulations 111

Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. While user ID-based methods remain effective and compliant, they are often seen as invasive and raise privacy concerns. This ensures both transparency and privacy.

Verification 105

Verification Blockchain Privacy Encryption 105

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. The group, Noyb, which is led by Austrian privacy activist Max Schrems, filed official complaints with data protection authorities in German and Spanish.

Privacy 61

Privacy Legal Disputes Laws 61

Fintech News

SEPTEMBER 10, 2024

Regarding data privacy concerns, the Personal Data Protection Commission (PDPC) has emphasized the importance of robust data protection measures for organisations handling biometric data, including technologies like iris scanning, which Worldcoin uses.

Privacy 108

Privacy Money Laundering Breach Authorization 108

VISTA InfoSec

MARCH 28, 2024

Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends. Always provide clear, easily understandable privacy policies, and obtain explicit consent before collecting personal information.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

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 Data Breach 69

Clearly Payments

OCTOBER 30, 2024

Key regulations include: GDPR (General Data Protection Regulation) : For merchants targeting Europe, GDPR compliance is mandatory, emphasizing data privacy and protection. Local tax laws : Some countries impose a VAT or other taxes on foreign merchants.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

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 Breach 130

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 Legal Processors 130

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. Think about the various regulations around the world.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

Electronic Transactions Association

JANUARY 16, 2025

Privacy and Identity - Trust and confidence in the payments industry is necessary for it to thrive. Privacy and security are key components, and the payments industry has a long history of protecting consumer privacy and fighting fraud and identity crime. Intellectual Property New ideas are the lifeblood of innovation.

CFPB 45

CFPB Privacy BNPL Financial Inclusion 45

PYMNTS

NOVEMBER 24, 2020

“Interestingly, the health industry has actually been ahead of that curve in terms of customer privacy and patient privacy … and as this movement toward more remote interactions in healthcare has continued to expand, now there is even more pressure to identify patients electronically.” . Healthcare And Setting The Privacy Standard.

Privacy 64

Privacy Regulations CCPA Rules 64

PYMNTS

SEPTEMBER 29, 2020

What has shifted most during the pandemic are consumers’ views on the data privacy and online security standards attached to these digital transactions, Oren Paran , managing director for Israeli retail startup firm Retail Innovation Club , explained in an interview with PYMNTS. Online Payments Drive Privacy Concerns.

Privacy 69

Privacy Online and Mobile Banking Push-to-Card Payments 69

The Payments Association

MARCH 19, 2025

The rapid adoption of digital wallets has introduced a complex web of regulatory considerations, ranging from data privacy and cybersecurity to anti-money laundering (AML) compliance and cross-border transaction governance. The question is not if but how severe and far-reaching these new rules will be.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88