PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Some risks are similar to those from financial firms more broadly, … [stemming] from leverage, maturity transformation and liquidity mismatches, as well as operational risks,” the report said.

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PYMNTS

FEBRUARY 17, 2020

increased regulation over content delivered online through platforms may be on the horizon. This past week, Britain’s federal government said its media regulator, known as Ofcom, would be given new oversight to monitor and regulate material posted on the web by companies such as Facebook, Google and Twitter. In the U.K.,

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Regulation Google Operations Company 140

PYMNTS

AUGUST 21, 2018

Google could be hit with a class-action lawsuit and calls for the Federal Trade Commission (FTC) to investigate its location tracking initiatives. That prompted an individual in San Diego to launch a lawsuit against Google , while activists are wondering if the practices violate the company’s 2011 agreement with the FTC.

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Google San Diego California Exercises 100

PYMNTS

DECEMBER 12, 2019

Also, Bill Ready, formerly PayPal’s chief operating officer, is set to join Google as president of commerce. That’s why Mastercard is introducing a new digital resource that can instantly authenticate someone’s identity in a secure manner, removing the need for any physical documentation.

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Google Payments Apple Resources 102

PYMNTS

SEPTEMBER 24, 2020

Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. GDPR has been a blueprint for many online data and privacy regulations rolled out around the world. EU and U.K.

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Compliance Fraud Regulation Security 151

PYMNTS

MARCH 7, 2017

According to a report in The New York Times , the investigation in Turkey is focused on the way Google offers up digital services as part of a suite of software related to Android, its widely popular mobile operating system. Yandex argues that practice on the part of Google results in an uneven playing field and thus is unfair.

Google 100

Google New York Software Regulation 100

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. According to the tracker, the global IoT security market is expected to increase by a 35.5

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PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Apple said that, regardless of the merit of those claims, the lawsuits can prove expensive, costing time and disrupting day-to-day management.

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Apple Company Report Regulation 235

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. A reclassification could lead to significant changes in how the mobile payment service can operate in the country.

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Marketing Regulation Case Study Security 179

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This means getting regulation right is critical.

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PYMNTS

OCTOBER 10, 2016

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Google Jumps Hard Into Hardware. Google is doing both.

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Samsung Google blockchain Bitcoin 100

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K. Canada, U.K.

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PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

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Payments Regulation Security Data 195

PYMNTS

JULY 16, 2020

s Google and Apple Inc. will face a potential disruption of their operations. In the Digital Identity Tracker this week, PYMNTS reported that keeping patients’ medical information safe remains a priority for governments and regulators around the world — and that the pandemic is making the task even more complicated.

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Data US Regional Resources 212

PYMNTS

MARCH 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. The company, which was started by former Google employees and is backed by the company, wants to raise $100 million.

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Google Big Data Innovation Apple 152

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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PYMNTS

JUNE 18, 2020

This not only improves responsible gaming efforts by equipping customers with digital tools to help them monitor their gaming and set limits, but also provides operators, regulators, and law enforcement increased transparency into matters of anti-money laundering and monitoring of financial transactions,” the AGA said.

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PYMNTS

DECEMBER 10, 2019

India has proposed new rules regarding how technology companies use data, and the proposal is similar to Europe’s GDPR regulation, according to a report by TechCrunch. The new regulation would also let New Delhi have the ability to ask any “data fiduciary or data processor” to provide “anonymized non-personal data” to help the government.

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PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. Security Boulevard reported this week (June 6) that in the wake of the new digital security rule taking effect, criminals were quick to use it to their advantage.

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Los Angeles Google Regulation Data 107

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

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Security Data US Google 58

PYMNTS

MAY 31, 2018

It’s still early — hardly minute one — in the unfolding history of the General Data Protection Regulation , but a winner is emerging that is both familiar and big: Google. According to The Wall Street Journal , Google is an early beneficiary of changes in online behavior so far. billion in damages. billion in damages.

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Google Regulation Online Data 116

PYMNTS

AUGUST 22, 2019

This time, it’s a move from Google , but it’s unclear how far these efforts will really go, and whether they will have a major impact anytime soon on consumer perceptions of online trust — one of the biggest ongoing issues in payments and commerce. The push to offer more online privacy to increasingly concerned consumers continues.

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CB Insights

SEPTEMBER 11, 2018

Now tech companies are facing a wave of “techlash” — backlash resulting from rising concerns around privacy protections, election security failures, and ethics lapses. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

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Google Apple Policies social media 48

PYMNTS

JANUARY 28, 2019

According to an investigation by Sixgill, $250,000 of Fortnite items were sold on eBay in the last 60 days, with operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English. Mastercard and Google Fend Off Fines. And Mastercard wasn’t the only big brand feeling the sting of European regulators wrath.

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PYMNTS

NOVEMBER 27, 2018

IBM CEO Ginni Rometty is the latest tech executive to criticize web platforms, such as Facebook and Google , over their data collection practices. “Dominant online platforms have more power to shape public opinion than newspapers or the television ever had, yet they face very little regulation or liability,” Rometty said.

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PYMNTS

OCTOBER 28, 2019

“Bakkt’s approach to secure technology, privacy and innovation means that we are an advocate for consumers who have yet to enter the digital asset space, and for merchants who want to accept new, efficient forms of payments without increasing risks,” said Mike Blandina, chief product officer at Bakkt.

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PYMNTS

JULY 27, 2018

intelligence warning of a possible cyberattack, grocery chain SUPERVALU being acquired by UNFI, an imminent comeback for RadioShack and Google banning apps that mine crypto from user devices. Security Officials Warn of Potential Supply Chain Hack. Google Bans Apps that Mine User Devices for Crypto. The report by the U.S.

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PYMNTS

JANUARY 3, 2020

This only increased earlier this year with the implementation of strong customer authentication (SCA), which forced merchants to develop security solutions that would not impact sales and sent retailers scrambling to project how these changes would affect operations. Technology behemoths from both China and the U.S.

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Regulation Fintech Innovation Marketing 133

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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PYMNTS

SEPTEMBER 25, 2017

Better malware defenses from Google Play? Last week, along with its launch of the new operating system iOS 11 , Apple rolled out a whole new design for the iOS App Store. Google Play Malware Defense. percent risk of picking up potentially harmful apps (Google’s euphemism for malicious apps containing malware).

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Google Apple Software blockchain 169

PYMNTS

JULY 10, 2018

House lawmakers want to know how Apple and Google ‘s parent company Alphabet are handling their users’ personal information, including spoken words, email content and location data. Google said in a statement on Monday (July 9), “Protecting our users’ privacy and securing their information is of the utmost importance to Google.

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Apple Data Google Security 100

PYMNTS

JULY 24, 2018

The effort, backed by Google , Facebook , Microsoft and Twitter , seeks to build “an open-source, service-to-service data portability platform so that all individuals across the web [can] easily move their data between online service providers whenever they want.”. DTP Development.

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Online Data Industry social media 101

PYMNTS

JUNE 5, 2017

Welcome to the inaugural issue of the Regulatory Tracker , where from here on out we’ll keep an eye on the rules and regulations that govern who pays what, who pays who, and where, and when. For Google, fines loom , as antitrust regulators in the European Union are targeting the firm’s shopping service.

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Regulation Google Survey Regional 100

CB Insights

NOVEMBER 6, 2018

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Beauty brands partner with Google Assistant and Home. Source: Think with Google.

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Google Apple Industry Branding 72

PYMNTS

NOVEMBER 8, 2019

Interestingly, if you go back to the S-1 filing WeWork made with the Securities and Exchange Commission, you’ll find that property and equipment – i.e., physical, tangible assets – were valued at $6.7 Airbnb: More regulations loom for short-term rentals – at least in Jersey City – which could have repercussions for the firm as an IPO looms.

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PYMNTS

JULY 30, 2019

Its AI-enabled chatbot , Dom, was combined with voice-activated technology in 2014, allowing customers to place orders the same way they would with a live operator. The second phase, which began in 2016, was integration with Alexa and Google Home, enabling customers to order pizza without even touching their phones.

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Technology Mobile Google Software 119

PYMNTS

OCTOBER 3, 2019

Even just five years ago, Prophix President and Chief Operating Officer Alok Ajmera said talk of using virtual assistants in the workplace seemed more like science fiction than a real possibility. That means for anyone building a solution like a virtual assistant, data security must be built into the product itself if designed for corporates.

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Tools Data Security Fraud 139