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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

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Europe’s Facebook Privacy Probe Close To Finish

PYMNTS

The social media giant could be faced with billions of euros in fines as well as forced to alter some of its business operations. The EU’s privacy enforcement for Facebook is led by Ireland’s Data Protection Commission since the social platform’s regional headquarters are in Dublin.

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Credit Unions Shun Online Ads For Content To Acquire Customers

PYMNTS

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

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GDPR Laggards Can Still Get Ahead Of The Game

PYMNTS

The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to feel significant pain.

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Deep Dive: GDRP And The EU’s New Rules Of Data Handling

PYMNTS

The social media platform has admitted the incident may have impacted as many as 87 million users. During the exchange, lawmakers raised the specter of regulating Facebook — which boasts more than 2.2 During the exchange, lawmakers raised the specter of regulating Facebook — which boasts more than 2.2

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APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

FICO

The Regulator Is Stepping In - What Will It Mean for Banks? The Payment Systems Regulator (PSR) has set in motion a series of proposals to better protect consumers from payment scam losses, and two key elements stand out. Unintended Consequences of PSR Regulation of APP Scams? Much more needs to be done to address it.

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