article thumbnail

Facebook Threatens EU Pullout As Data Sharing Comes Under Scrutiny

PYMNTS

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. according to Metro. government.

article thumbnail

German Court Orders Facebook To Stop Data Collection

PYMNTS

The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the country, Reuters reported Tuesday (June 23). The ruling is a setback for the U.S. Facebook said there was no antitrust abuse and vowed to continue fighting the ruling.

Data 209
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. Privacy Protection In The Spotlight. under the GDPR.

Regional 130
article thumbnail

AWS Outage Interrupts Web Service for Spotify, Square And Others

PYMNTS

The support page for Amazon Web Services’ status page said it was experiencing problems with Kinesis, its service that processes large streams of data, causing “increased error rates” for a number of websites. Kinesis, as described on the AWS site is “a massively scalable and durable real-time data streaming service.

article thumbnail

Return To Sender: Address Data Costs U.S. Businesses Billions

PYMNTS

Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. That's no joke.”. Errors Are A Widespread Problem.

Data 183
article thumbnail

Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

4,500 | Prize to be awarded to one ModCloth social media contest winner for his or her contributions to humanity. The Thanksgiving, Black Friday, Small Business Saturday and Cyber Monday sales officially kickoff the holiday spending bonanza, and this year did not disappoint.

Lending 100
article thumbnail

A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements

PYMNTS

Around the Data Protection World. Data privacy and security continue to be top priorities for many regulators, too. The Irish Data Protection Commission (DPC) recently submitted a draft decision on whether social media site Twitter violated the EU’s General Data Protection Regulation (GDPR) standards with its data collection methods.

How To 239