The Consumer Financial Protection Bureau (CFPB) will propose rules this year to limit the activities of data brokers, including those that sell personal data to customers overseas. The CFPB announced this plan in a Wednesday (Feb. 28) press release following the release of President Joe Biden’s executive order to...
A Dutch consumer rights group is suing Amazon over its data tracking practices. Stichting Data Bescherming Nederland (SDBN), a consumer rights group in the Netherlands, has filed a class-action lawsuit against Amazon, accusing the tech giant of violating the European Union’s privacy law, The Wall...
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship. In a Friday (Oct. 6) speech at the Brookings Institution, Chopra emphasized the need for stronger protections against the...
X, the social network formerly known as Twitter, has updated its privacy policy to include a new kind of user data it plans to collect: biometric data. “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the policy...
August 05, 2020
The degree to which COVID-19 has converted consumers to digital channels is very visible with a quick glance at the data. Tim Horton, head of global merchant security and fraud solutions at Fiserv, told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery […]
March 03, 2020
In the service of business, of society at large, artificial intelligence (AI) can be effective. It can be fast. Can it also be ethical? The wisdom of crowds, gleaned from...
March 11, 2019
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process...
November 06, 2018
PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework...
December 18, 2024
The Dutch Data Protection Authority (Dutch DPA) fined Netflix 4.75 million euros (about $4.95 million), saying that between 2018 and 2020, the company did not give its customers enough information about what it does with their personal data. The regulator said Netflix violated the General Data Protection Regulation (GDPR) by not making the information in […]
February 28, 2024
The Consumer Financial Protection Bureau (CFPB) will propose rules this year to limit the activities of data brokers, including those that sell personal data to customers overseas. The CFPB announced this plan...
October 18, 2023
A Dutch consumer rights group is suing Amazon over its data tracking practices. Stichting Data Bescherming Nederland (SDBN), a consumer rights group in the Netherlands, has filed a class-action lawsuit...
October 06, 2023
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship. In a Friday...