GDPR

The GDPR's primary aim is to give individuals control over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.

(source: en.wikipedia.org)

EU Privacy Regulator Fines Amazon $887M
EU Privacy Regulator Fines Amazon $887M
July 30, 2021  |  Amazon

A European privacy watchdog has fined Amazon 746 million euros ($887 million) for violating data protection laws. According to CNBC, Amazon disclosed the fine Friday...

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Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down
Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU...
January 19, 2021  |  News

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans...

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GDPR Penalties Escalate As EU Officials Crack Down
GDPR Penalties Escalate As EU Officials Crack Down
January 19, 2021  |  Regulation

Fines levied under the General Data Protection Regulation (GDPR) jumped almost 40 percent in the past 12 months as European Union (EU) regulators stepped up...

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NowRx: Digital Identity Benchmarks Help Healthcare Industry Set Tone For Privacy
NowRx: Digital Identity Benchmarks Help Healthcare Industry Set Tone For Privacy
November 23, 2020  |  Bank Regulation

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all...

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Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams With Mastercard’s Vocalink 
Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams...
November 12, 2020  |  International

In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with...

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EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 
EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 
November 11, 2020  |  Regulation

The European Data Protection Board (EDPB) adopted recommendations to assist data exporters with evaluating countries to ensure that they are adhering to the bloc’s level...

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Deep Dive: How Understanding Open Banking Rules Can Help Merchants Gain Consumers’ Trust
Deep Dive: How Understanding Open Banking Rules Can Help Merchants Gain Consumers’ Trust
November 03, 2020  |  Bank Regulation

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. Eighty-one percent of consumers in...

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Why Merchants Must Keep An Eye On Changing Data Privacy Perceptions
Why Merchants Must Keep An Eye On Changing Data Privacy Perceptions
November 02, 2020  |  Bank Regulation

Eighty-seven percent of Americans believe data privacy is a basic right, so merchants can’t afford to miss the mark on safeguarding consumers’ information. Michael Reidbord,...

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REPORT: Consumer Privacy Concerns Demand Regulatory Compliance
REPORT: Consumer Privacy Concerns Demand Regulatory Compliance
October 30, 2020  |  Bank Regulation

More consumers are turning to digital channels to make daily purchases as the pandemic continues. Emerging data privacy and open banking rules meant to regulate...

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