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.

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PYMNTS

SEPTEMBER 26, 2019

An estimated half-million businesses will be affected when the new California Consumer Privacy Act (CCPA) comes into effect on Jan. Passed in 2018, the law dictates that consumers in California have the prerogative to access any and all personal data that a company has on them and request that it be deleted and not sold.

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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 .

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PYMNTS

NOVEMBER 23, 2018

Not even Santa can escape the limits of the privacy laws in Europe. That market, and the tree and its wishes, are open and accessible to the public — hence the privacy issue. But the event stopped in 2016 because of Germany’s own data privacy and protection law.

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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

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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.

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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.

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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.

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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?

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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.

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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.

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Payments Source

JUNE 29, 2018

The measure, which has been compared to the EU’s new consumer privacy rules, grants Californians new rights over how companies collect and use their personal data.

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PYMNTS

JULY 2, 2018

California’s new consumer privacy law is facing a backlash from businesses around the U.S. which contend the law will hurt all sorts of companies, whether it’s retailers or customer loyalty programs. The consumer will actually be the big loser,” he said. “The The consumer will actually be the big loser,” he said.

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The Paypers

MAY 8, 2023

US-based SaaS company CYTRIO has launched a data privacy UX platform to facilitate businesses navigate complex data privacy laws.

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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.

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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.

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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.

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PYMNTS

JUNE 29, 2018

The state of California passed a new digital privacy law that provides consumers with more transparency and control over their digital data. If the law didn’t pass, the backers of the ballot proposal would have brought it to voters in November. But “it prevents the even worse ballot initiative from becoming law in California.”

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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.

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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.

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PYMNTS

SEPTEMBER 13, 2019

To enable continued innovation and growth in the digital economy, the Business Roundtable is asking Congress to pass a comprehensive consumer data privacy law that establishes a national privacy framework and strengthens protections for consumers. And KnowBe4 Data Privacy Director Lecio DePaula Jr. companies.

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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. We hope you come back again!

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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.

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PYMNTS

FEBRUARY 20, 2020

Because of the change, data and privacy will leave the data of tens of millions of people under less protection, and it will be subject to more scrutiny by British law enforcement. developments such as the Cloud Act, however, will make it easier for British law enforcement to obtain data from Google and others. Recent U.S.

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PYMNTS

FEBRUARY 25, 2020

The Technology Policy Institute (TPI) study is the first that aims to define the value of online privacy and information. It took a look at how much privacy is valued in six nations as it examined the routines of consumers in Germany, the U.S., Brazil, Mexico, Argentina and Columbia. Consumers, however, wanted payment of just $1.82

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PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Problems With India’s Privacy Law. Gift Cards’ New Unfavorable Fans. locations at its peak. Some major U.S.

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PYMNTS

FEBRUARY 21, 2020

It accomplishes that by threatening a critical immunity named Section 230 that firms have with federal law. tech industry reportedly is worried that those “best practices” will be tapped to condemn a technology for privacy that allows messages to only be decoded by the intended recipient and sender that is known as end-to-end encryption.

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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.

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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.

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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

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PYMNTS

JULY 14, 2020

Google is objecting to a fine issued by Belgium’s privacy watchdog, the latest for alleged violations from a European privacy regulator. The law was established in 2014 by the EU’s Court of Justice and enables residents of the member countries to ask search engines to remove links containing their personal information.

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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.

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PYMNTS

NOVEMBER 11, 2019

Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. The California Consumer Privacy Act (CCPA) gives consumers in California the right to access any and all personal data that a company has on them and request that it be deleted and not sold.

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PYMNTS

MAY 25, 2018

As Europe’s General Data Protection Regulation (GDPR) comes into effect, Facebook privacy critic Max Schrems has filed four complaints over consent required to use online services. But, with the law, users must be given a free choice. Furthermore, Schrems claims “Facebook has even blocked accounts of users who have not given consent.”

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PYMNTS

SEPTEMBER 12, 2018

11) that it supports data privacy rules in the U.S. Internet companies support an economy-wide, national approach to regulation that protects the privacy of all Americans,” the group said, adding that it backed ideas that would make sure consumers have “meaningful controls over the personal information they provide.”

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PYMNTS

OCTOBER 7, 2019

Big Tech has faced a number of inquiries growing in scope and scrutiny as lawmakers have been focused on competitive practices and efforts to ensure data privacy and protection. This means that tech firms will have to comply with and navigate numerous state laws that are in turn stricter than the federal bill would have put in place.

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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.

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