data privacy

Information privacy is the relationship between the collection and dissemination of data, technology, the public expectation of privacy, legal and political issues surrounding them. It is also known as data privacy or data protection.

Source: en.wikipedia.org

CFPB and European Commission Open Dialogue About Digitization of Finance

CFPB and European Commission Open Dialogue About Digitization of Finance
CFPB and European Commission Open Dialogue About Digitization of Finance
July 17, 2023  |  Legal & Regulation

As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice...

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EU and US Reach Much-Anticipated Data-Sharing Accord
EU and US Reach Much-Anticipated Data-Sharing Accord
July 11, 2023  |  Legal & Regulation

In a victory for companies like Google and Meta, Europe and the U.S. have reached a data-sharing agreement. The European Commission announced Monday (July 10) the finalizing...

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TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns
TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns
June 22, 2023  |  Personnel

Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement...

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CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
April 19, 2023  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has told lawmakers that it suffered a data breach. A CFPB employee, who no longer works there, forwarded to...

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AI Regulations Need to Target Data Provenance and Protect Privacy
AI Regulations Need to Target Data Provenance and Protect Privacy
April 11, 2023  |  Artificial Intelligence

The speed with which AI is radically transforming global economies has not escaped regulators’ attention. As fears continue to grow over the potential use-case implications...

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Generative AI Tools Center of New Regulation-Innovation Tug of War
Generative AI Tools Center of New Regulation-Innovation Tug of War
April 04, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) tools like ChatGPT could be too good to be true — literally. A recent consumer alert from the Federal Trade Commission...

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Instant Disbursements Adoption Struggles Due to Data Security Fears and Fees
Instant Disbursements Adoption Struggles Due to Data Security Fears and Fees
April 03, 2023  |  Real-Time Payments

Consumer demand for instant disbursements is at a crossroads. More people like the idea of getting that refund or insurance claim deposited directly onto cards...

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FTC Cracking Down on Telehealth Apps and Data Sharing
FTC Cracking Down on Telehealth Apps and Data Sharing
March 26, 2023  |  Healthcare

The Federal Trade Commission (FTC) wants telehealth firms to improve their data-sharing practices. The commission is particularly focused on companies that use customer data without...

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