Silicon Valley employment verification startup is urging the U.S. Federal Trade Commission (FTC) to open an investigation into alleged anti-competitive and anti-consumer practices by some of the biggest providers of income and employment verification services. Employment verification and sensitive data security startup Certree accused data...
“Data,” said Kevin Alexanderson, director of business systems and analytics at Airbase, “is ever-present and is overflowing.” But he told PYMNTS recently that data alone is not enough to help various stakeholders inside a firm make strategic decisions. It needs to be shared across operations...
The Federal Trade Commission has filed a lawsuit against data broker Kochava for selling geolocation data that could be used to trace individuals’ movements, a press release said Monday (Aug. 29). By selling the data, the FTC said Kochava allows malicious actors to identify individuals...
Data, data everywhere — but the question is, how do you use it? Patrick Neale, senior vice president and senior product manager at Bank of America, told PYMNTS that data can be used to make smarter business decisions across all varieties of operations. However, the...
When you look at an in-car navigation system, news broadcast or mobile app and roads marked with red, yellow and green designating the current traffic speeds, that information is coming from real-time data delivered via the cloud — using information from roadside sensors and intersection...
Receipt- and SKU-level data can help make card-linked offers more relevant to consumers, but increased merchant participation is needed, Jehan Luth, CEO at data platform Banyan, told PYMNTS’ Karen Webster. Read more: The Revival of Card-Linked Offers Rides on Receipts and Better Data While banks and...
Card-linked offers earned a bad rep for lack of relevance and basic customer knowledge, but that’s set to change in 2022 and going forward as data networks help merchants and financial institutions (FIs) use receipt- and SKU-level data to reenergize these digital promotions. Anyone who’s...
With the overturning of Roe v. Wade and the illegality of abortion in several states, payments data is now in the crosshairs should prosecutors decide to subpoena those records for evidence, the New York Times reported on Thursday (June 30). Financial companies collect a lot...
Big Tech companies have been embroiled in legislative discussions in Washington D.C. for more than a year. Most of their attention has been devoted to discussing the pros and cons of a particular piece of proposed antitrust legislation: the American Choice and Innovation Online Act. ...
