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Deep Dive: COVID-19?s Global Impact On Open Banking And Online Privacy Regulations

PYMNTS

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Mobile and online payments are also on the rise for this same reason. and the EU. Australia and Canada.

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US Retailers Confront Data Privacy Shifts

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While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. European Union and other regions currently fighting the pande mic. Security .

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Are Online Merchants The Mall’s Unlikely Salvation?

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One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

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Why Turkish Banks Are Bullish On PSD2

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Regulators are looking to PSD2 as a blueprint as they seek to innovate the way they treat online consumer data, privacy and security in their own regions. The EU is no longer the only region looking to upgrade its data and financial protection legislation. and Turkey.

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Grocery Roundup: 2020 Finishes Strong, Price Chopper Doubles Down On Digital

PYMNTS

We're proud of the product mix and shopping experience we provide in our stores and online. In what seems to be a response to the passage of Proposition 22 in California two months ago, Albertson, the country’s second-largest grocery store chain, has announced it will eliminate its unionized delivery drivers in California.

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COVID-19 Efforts Top PayPal Global Impact Report

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the California-based online payments system, on Monday (April 27) released its annual Global Impact Report , which typically highlights the firm’s progress on advancing profitability, promoting a diverse workforce, minimizing pollution and operating responsibly. PayPal Holdings Inc.,

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Fashionphile Snags $38.5M In Series B To Boost reCommerce

PYMNTS

Pre-owned online shopping firm Fashionphile has raised $38.5 Fashionphile noted that the funding will fuel its “operational and geographic scale,” as it aims to continue growing its omnichannel presence and making regional fulfillment hubs in the U.S. million in NewSpring Growth-led Series B funding. and other countries.

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