Remove Info Terms-and-Conditions
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Germany Says Amazon Dash Button Breaks Consumer Law

PYMNTS

According to German law, a transaction must provide info on price and characteristics or delivery details. In a different case, Amazon is being investigated by Germany’s antitrust authority about whether the company is taking advantage of its market position in terms of third-party sellers who use the site.

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. Getting there, he told Webster, involves expanding financial inclusion through digital transactions that, effectively are — for the merchants and consumers involved– free.

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MIT Develops Smartwatch That Can Make Conversation Easier

PYMNTS

According to Wired , the research team at MIT has been experimenting with Samsung’s Simband smartwatch, which can monitor a person’s movement, heart rate, blood pressure, blood flow and skin temperature and pair that info with audio capture that can detect signals like tone, pitch, energy and word choice to determine the speaker’s emotional state.

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Facebook-Gate: Rethinking How Apps Treat User Profile Data

PYMNTS

When it was discovered that Facebook had allowed its users’ profile data – and that of their social networks – to fall into third-party hands, it caused a bit of an uproar. But for some reason, when it comes to apps, people just say ‘Yes.’ They want to get on with their lives and get back to the screen they were trying to access.”.

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Alternative Finance, Plausibly, Via Plousio

PYMNTS

One key need for SMBs as they navigate the lending process, said Pierre, is to make the terms and conditions of the loans themselves as transparent as possible and to make sure that the broker or lender offering the loan is offering the product best suited to that SMB’s individual needs.

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Life Insurance Medical Exams: What to Expect

MyBankTracker

You might be wondering why life insurance companies require a medical exam as part of the term life insurance application process. The reality is: Life insurance companies set their rates based on the likelihood you’ll die during the policy term. Certain medical conditions can impact those chances.

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COVID-19 and Debt Collection: What’s Happening in Europe

FICO

Which actions have been taken and what are the longer-term ramifications for the sector? How COVID-19 will impact lenders’ balance sheets in the short-term and long-term remains to be seen. Customer Forbearance. Alongside the management of outgoing expenses, we’ve also seen countries take steps to help with customer income.