X lands money licenses in Illinois, New Mexico
Payments Dive
MARCH 27, 2024
The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.
Payments Dive
MARCH 27, 2024
The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.
PYMNTS
OCTOBER 19, 2020
Canada’s governing Liberal party renewed calls to legislate big tech platforms to pay media producers a cut of ad dollars. Everyone is also watching a $650 million lawsuit filed by Illinois residents against social media giant Facebook.
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PYMNTS
JANUARY 22, 2020
In a blow to Facebook, the Supreme Court won’t decide whether or not people can sue the social media giant for using facial recognition technology on their photos without consent, according to reports. The case, Facebook v. Users can sue companies for up to $5,000 for each violation of this rule.
PYMNTS
APRIL 17, 2018
The suit is based on a unique Illinois law — the Biometric Information Privacy Act — which gives users a “property interest” in the algorithms that establish their digital identities. The precise harm the Illinois legislature sought to prevent is then realized.”.
PYMNTS
AUGUST 24, 2020
The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The social media firm purportedly contravened an Illinois state law via a “Tag Suggestions” functionality that enabled users to identify their friends from photos put on the platform in the past.
PYMNTS
SEPTEMBER 28, 2020
With the fate of TikTok grabbing all the press, you may have missed the news that Facebook is talking about denying itself and its sister social platform Instagram to the European Union (EU) over new proposals that would stop the social media giant from transferring data on EU users back to Facebook headquarters in Silicon Valley.
PYMNTS
SEPTEMBER 24, 2019
and the largest in Illinois with more than 450,000 members and $11 billion in assets. Digitally focused banks can incur an aura of impersonality, a challenge Alliant meets with personalized customer engagement and a far-reaching social media strategy. Social media for member engagement.
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