Data-R-Us: The Purchase And Sale Of Data

PYMNTS

Where do analysts get their data? It’s not like they can just stroll up to a retailer like Data-R-Us and buy it … can they? It’s called a data marketplace , and it’s not just for analysts. What Is a Data Marketplace? Like any other online marketplace, a data market is a virtual destination where goods and services are bought and sold. Organizations are hungry for data these days. Everybody Loves Data. Know what produces a lot of data?

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Today In Data: Tapping Into The Tokenized Future

PYMNTS

Data: $55 billion: Expected value of the global mPOS market by 2024. $3 Today In Data commerce data digital payments Mobile Payments Mobile Wallets News payment friction payments data POS Retail retail data Today in Data tokenization

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Today In Data: Innovative Solutions In Search Of Problems

PYMNTS

Today In Data commerce data Consumer Needs consumer problems News payments data Retail retail data Today in Data

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GDPR Becomes Reality, Consumer Data Becomes Global

PYMNTS

As the world knows by now, the European Union’s General Data Protection Regulation (GDPR) took effect on May 25. The mechanics of what firms have to do when it comes to collecting, managing and processing data has been well-publicized. It was a long time coming, but it’s here.

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Caring Is Sharing (Data)

PYMNTS

Everyone wants to rule the data world, but — as Gerhard Oosthuizen, CTO at Entersekt , recently pointed out — it’s not just about having the data; it’s about knowing how to use it. consumers concerned with how their data will be used under open banking.

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Today In Data: Firing Up Faster Payments While Fighting Faster Fraud

PYMNTS

Data: $60.7 Today In Data Blockchain commerce data commerce news credit unions faster payments FinTechs Fraud Prevention gig economy News payments data payments news Retail retail data retail news Same-day ACH Today in Data

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Decentralisation demands data safes

Chris Skinner

In fact, in HBO’s excellent series Silicon Valley, the guys at Pied Piper recently did a pivot to try to create exactly … The post Decentralisation demands data safes appeared first on Chris Skinner's blog.

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Data Dive: Debt, Data Breaches And New Spenders

PYMNTS

T-Mobile’s Data Breached. Another day, another data breach. Engagement Labs, a data and analytics company that assists marketers, says the group of people born between 1997 and 2016 are 86 million strong and influence $600 billion of spending by families. Data Dive credit card debt credit card rewards engagement labs Generation Z News shopping trends t-mobile t-mobile data breach

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Today In Data: Investing In A More Efficient Future

PYMNTS

Data: $2 billion: Estimated annual losses due to global supply chain inefficiencies. $30 Today In Data commerce data consumer lending funding Innovation investing investments IoT logistics News payments data Retail retail data Supply Chain Today in Data

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Crowdsourcing Data’s Double Edge

PYMNTS

A growing number of companies are coming to understand how consumers’ granular-level data can lead to a host of revenue-enhancing opportunities, and set a path for customer acquisition and product improvement. How and why to operate in that sweet spot — that potentially lucrative position between ubiquity and the voracious consumption of data — is the subject of the latest edition of the PYMNTS Matchmakers interview series.

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Today In Data: Fighting Fraud Without Frustrating Merchants 

PYMNTS

Data: 135 percent: The increase in year-on-year volume of bank data on the dark web. Today In Data B2B Payments Cyberattack Cybercrime cybercriminals Cybersecurity digital fraud Fraud Prevention Hackers News payments data retail data Today in Data

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Today In Data: Expecting The Unexpected

PYMNTS

Data: $2.5 Today In Data auto claims Auto Insurance Cash commerce data contextual commerce News payments data Retail retail data Today in Data

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Today In Data: Consumer Necessity Is The Mother Of Retail Innovation

PYMNTS

Data: 87 percent: Share of workers under 30 who report their average job tenure is less than five years. Today In Data authentication commerce data consumers digital identity fraud News payments data retail data retail innovation Security

Macy’s Data Breach Includes Online Card Data

PYMNTS

Another retailer has been hit with a data breach. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday (July 10), according to Bloomberg. “We While personal data including birthdates may have been accessed, the retailer said that social security numbers were not. Macy’s is just the latest retailer to be hit with a data breach.

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Today In Data: An App For Every Need

PYMNTS

Data: 100 million: The number of downloads letgo boasts over the last three years. Today In Data commerce data ecommerce mobile apps mobile commerce Mobile Payments Mobile shopping News payments data Retail retail data

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Today In Data: Equifax’s Data Breach

PYMNTS

Last week , Equifax disclosed a data breach that could impact 143 million consumers. To make matters worse, news reports from September 12 revealed that three Equifax execs had unloaded stocks before releasing data on the hack. Here are the numbers: 143,000,000 | Consumers potentially impacted by the Equifax data breach. Today In Data data breach Equifax fraud News Security Today in Data

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Today In Data: Picking Between David And Goliath

PYMNTS

Today In Data Amazon commerce data fraud Fraud Prevention News payments data Retail retail data retail innovation startups Today in Data walmartIn a David vs. Goliath story, usually the smart money is better on Goliath being bigger, stronger and better armed.

Jumio On The Laws Of Big (Scary) Data Breach Numbers

PYMNTS

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. In the latest Data Drivers, Karen Webster and Philipp Pointner, chief product officer at Jumio , delved into some scary data points surrounding those aforementioned breaches. Data Point One: 1.4 Data Point Two: 90 Percent. Data Point Three: 68 Percent. Data Point Four: 12 Percent.

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Today In Data: Two Steps Forward, One Step Back

PYMNTS

Data: 175.5 Today In Data bitcoin commerce data cryptocurrency digital retail Ecosystems mobile lending apps Mobile Payments News payments data Retail retail data robotics Today in Data

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NEW DATA: Why Bank Customers Prefer Convenience Over Security

PYMNTS

In comparison, only 45 percent said they would prefer an authentication method due to its tight data security. Authentication authentication banking biometrics data data breach digital identity Digital Identity Lifestyle Capsule Equifax FIS fraud Main Feature News Security Socure verificatio

Today In Data: Consumers Trade Albums For Unbundled Songs

PYMNTS

Today In Data bundling Funds transfers media money transfers News Retail retail data Today in Data UnbundledWith consumers demanding more choices, experts say that the unbundling of media – such as music, newspapers and television programming – is the future.

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Today in Data: Filling Needs, Fixing Vulnerabilities

PYMNTS

Data: 496 million: The number of IoT devices vulnerable to DNS rebinding cyberattacks. Today In Data connected commerce connected devices cyberattacks Cybersecurity financial institutions FIS Hackers Innovation Internet of Things IoT News privacy Retail retail data Security Today in Data

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Today In Data: Changing The Technology And Evolving Preferences

PYMNTS

Today In Data connected devices consumer preferences customer preferences digital payments Internet of Things IoT Mobile Payments News Retail retail data retail technology Today in Data

SEC Investigates Facebook Again On Data Security

PYMNTS

The Securities and Exchange Commission is once again investigating Facebook , this time looking into whether the social media giant adequately warned investors that user data might have been illegally obtained. The inquiry is the result of last year’s scandal, when it was revealed that up to 87 million Facebook users had their data shared with controversial research firm Cambridge Analytica, who then used it to help President Donald Trump get elected in 2016.

Today In Data: The Challenge Of Speeding Up Payments While Slowing Down Fraud

PYMNTS

Data: $2 trillion: Upper estimate for how much money is laundered annually. Today In Data authentication B2B B2B Payments commerce data faster payments fraud Fraud Prevention mobile authentication mobile devices money laundering News payments data Retail retail data Today in Data Uber

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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

The data they must analyze is overwhelming. Regulatory pressure is creating a financial data analytics crisis. But the sheer amount of data in all its forms that must be analyzed is a sticking point. Integrating big data technology with risk management for a complete solution.

Today In Data: Following The Spend To New Opportunities

PYMNTS

Today In Data Amazon Prime B2B transactions Banks commerce data consumer spend Consumer Spending credit card payments ecommerce faster payments FIS News online shopping payments data Retail retail data Today in Data

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Today In Data: Healthier Systems, Healthier People

PYMNTS

Data: $3.5 Today In Data health insurance Healthcare Healthcare payments medical payments News payments data payments infrastructure self-service Today in Data

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Today In Data: Slow And Steady Is The Pace

PYMNTS

Data: $140 million: The amount Gusto has raised to further develop its payroll solution. Today In Data Commerce faster payments food delivery invoice payments Mobile Payments News payments payroll Retail retail data supplier payments Today in Data

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Internet Association Says Companies Support National Data Privacy Rules

PYMNTS

11) that it supports data privacy rules in the U.S. The group also said that consumers should be able to delete data, request corrections or have personal information taken down, as well as have access to the personal information they provide the company. Jerry Brown, the governor of California, signed the data privacy legislation into law in June, providing consumers with more control over their data and how companies collect and use it.

Who owns the customers’ data?

Chris Skinner

Following on from the discussions about identity on Monday, it gets interesting to think about the customers’ data and who owns it, especially in light of the Payment Services Directive 2, PSD2 for short, which comes into force at the start of next year.

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India Could Relax Rules On Data With Payment Companies

PYMNTS

The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store the data of customers only locally. Easing of the proposal would give relief to Mastercard, Visa and American Express, which were worried that the data rule would cost them millions of dollars and lay the groundwork for other governments to set similar rules.

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Today In Data: Unlocking The Global Power Of Payments

PYMNTS

Data: $3 billion: Projected value of transactions made by digital platforms in Africa by 2023. Today In Data commerce news digital payments global commerce Global Payments investments Mobile Payments Payment platforms payments news Retail retail data revenue news Today in Data

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3 Fintech Data Analytics Startups to Watch

Bank Innovation

Financial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged.

Government Payment Service Leaks Data On 14M Customers Online

PYMNTS

According to a report in KrebsOnSecurity , the data includes names, addresses, phone numbers and the last four digits of credit card numbers. In a letter to KrebsOnSecurity after it was alerted to the data leak , the company said it had addressed what it called a “potential issue,” saying the problem was with its online system that lets users access copies of their receipts “but did not adequately restrict access only to authorized recipients.”.

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People — Not Tech — Stunt Firms’ Data-Driven Efforts

PYMNTS

The enterprise increasingly understands the power of data. Businesses are not only seeking to become data-driven, but are investing more in the tools they need to achieve that goal. Despite so much interest — and investment — in enterprise data and analytics, researchers warn that companies are struggling to achieve their data-driven visions. percent) agrees that their businesses are actively working to become a data-driven enterprise — up from 85.5

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Hu-manity.com Launches App That Lets Consumers Claim Their Personal Data

PYMNTS

Hu-manity.co, the company pushing for the 31 st human right for individuals to own their data as property, announced on Thursday (Sept. 6) the launch of an Android app aimed at giving consumers the power to claim, control and manage their data. In a press release , Hu-manity.co said its new app, #My31, will give users a title for digital data that is stored on a blockchain. said that the app launch will first focus on healthcare data.

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Today In Data: Going Big, Thinking Small

PYMNTS

Today In Data Commerce connected devices connections credit unions Cybersecurity data Digital Banking fraud Millennials News Security Technology Today in DataThe marketplace of 2018 and its many opportunities are the favored fodder for optimists in the digital age.

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How HomeAway Uses Real-Time Data To Stay ‘Locally Relevant’

PYMNTS

To prioritize certain payment methods, HomeAway finds out which methods are highest in demand by utilizing consumer data and analytics. “We

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Exactis Data Breach Sparks Class Action Lawsuit

PYMNTS

The first class action lawsuit against Exactis has been filed in response to the company’s massive data breach that exposed the private information of more than 200 million U.S. The marketing and data aggregation firm was the subject of a data breach in which customer information ended up on the internet for hackers or anyone else to view. Keller is also co-lead counsel in the recent Equifax data breach class action.

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