VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130

CCPA Privacy Laws Data Breach 130

PYMNTS

DECEMBER 16, 2020

It’s not clear how happy consumers in the United Kingdom will be over Facebook’s latest move, but privacy advocates are already up in arms. users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service.

Privacy 85

Privacy Agreements Legal Laws 85

The Payments Association

MAY 16, 2025

On top of that, businesses need to make sure their AI tools meet local regulations and privacy laws. Organisations will increasingly need dedicated AI governance systems and controls, covering everything from how AI models process and manage data to ensuring accountability and ethical use.

AI 88

AI Security Fraud Prevention Fraud Detection 88

The Fintech Times

FEBRUARY 28, 2025

The use of AI in fintech has sparked concerns about data privacy and the misuse of sensitive financial information. “Another big challenge is related to data security and privacy. “Keeping pace with evolving laws is another challenge. It necessitates robust safeguards and adherence to data protection regulations.

AI 97

AI Regulations Best Practices Risk 97

PYMNTS

MAY 25, 2018

As Europe’s General Data Protection Regulation (GDPR) comes into effect, Facebook privacy critic Max Schrems has filed four complaints over consent required to use online services. But, with the law, users must be given a free choice. She said she will be asking her government for more resources and staff.

Privacy 70

Privacy Laws Regulations Rules 70

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

Privacy 78

Privacy Breach Governance Government 78

The Fintech Times

FEBRUARY 7, 2024

The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.

Governance 112

Governance Government AI Regulations 112

PYMNTS

JUNE 3, 2020

After some three months of keeping consumers at home, governments around the world are beginning to let people publicly mix again — albeit in a modified fashion that involves wearing masks, keeping socially distant and limiting crowded indoor locations. So, there’s been a lot of political pressure about privacy.

Privacy 76

Privacy Fraud Prevention Governance Government 76

Segpay

SEPTEMBER 30, 2024

This blog explores child protection laws across key Latin American countries, highlighting their different approaches and the evolving regulatory frameworks. The statute was updated in 2014 to include Internet and Child Protection to protect kids from online exploitation, cyberbullying, and access to inappropriate content ( Law 12,965/2014 ).

Verification 111

Verification Legal Framework Laws Regulations 111

Segpay

OCTOBER 17, 2024

Verification can be completed using government-issued ID scans, credit card authorizations, or other forms of identity verification. Compliance and Accountability : User-based verification provides a clear audit trail, making it easier for companies to prove compliance with age verification laws and regulations.

Verification 111

Verification Privacy Laws Compliance 111

VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Be an individual responsible to the Board of Directors or similar governing body of the Significant Data Fiduciary. These measures ensure lawful, transparent processing of personal data while maintaining privacy.

Privacy 130

Privacy Audit Data Breach Breach 130

The Payments Association

MARCH 19, 2025

Digital wallets are expanding faster than financial oversight can keep up, forcing governments to scramble for new safeguards without choking innovation. Since digital wallets store vast amounts of sensitive financial data, regulators worldwide are strengthening requirements to enhance data privacy and security.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. While user ID-based methods remain effective and compliant, they are often seen as invasive and raise privacy concerns. This ensures both transparency and privacy.

Verification 105

Verification Blockchain Privacy Encryption 105

PYMNTS

MARCH 25, 2019

But the laws and regulations governing biometrics have yet to catch up to the reality of their use, and that’s perhaps most apparent when it comes to two recent, high-profile cases in Illinois. The Illinois Biometric Information Privacy Act , commonly known as BIPA, not only stands as the strictest biometric privacy law in the U.S.,

Laws 60

Laws Regulations Privacy Rules 60

VISTA InfoSec

JULY 17, 2024

Keep your systems updated with global cybersecurity governance standards. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Problems With India’s Privacy Law. government is also going to bat for the companies, with U.S. Some major U.S.

Laws 53

Laws Privacy FTC Push-to-Card 53

PYMNTS

NOVEMBER 13, 2020

Under the proposed new law, citizens would be able to change their ID number if a data breach would possibly expose them to identity theft. The current law makes it difficult to change a personal identity code. The current law makes it difficult to change a personal identity code.

Breach 69

Breach Laws Identity Theft Data Breach 69

PYMNTS

DECEMBER 11, 2018

11) about how the company approaches privacy and whether it has political bias, according to a report from Bloomberg. “Beyond the terms of service we actually offer, we remind users to do a privacy checkup,” Pichai said. Congress grilled Google Chief Executive Officer Sundar Pichai on Tuesday (Dec.

Privacy 60

Privacy Breach Governance On-Demand 60

Electronic Transactions Association

JANUARY 16, 2025

The CFPB plays an important role in the regulatory framework governing this critical industry. Privacy and Identity - Trust and confidence in the payments industry is necessary for it to thrive. Modernize the CFPB The payments industry is committed to delivering innovative products and services in a transparent and secure manner.

CFPB 45

CFPB Privacy BNPL Financial Inclusion 45

PYMNTS

SEPTEMBER 11, 2020

The use of privacy coins is becoming more popular for general use, and is also seeing an increase in use by illicit actors. As for why it's using the unusual procurement method, the agency wrote in today's release: "The federal government struggles at times with identifying ways to test, purchase and deploy innovative technology solutions.

IRS 96

IRS Cryptocurrency RFP Law Enforcement 96

PYMNTS

NOVEMBER 24, 2020

“Interestingly, the health industry has actually been ahead of that curve in terms of customer privacy and patient privacy … and as this movement toward more remote interactions in healthcare has continued to expand, now there is even more pressure to identify patients electronically.” . Healthcare And Setting The Privacy Standard.

Privacy 64

Privacy Regulations CCPA Rules 64

PYMNTS

SEPTEMBER 25, 2017

WeChat, the Chinese messaging app owned by Tencent, confirms it provides information about users to the Chinese government. In order to continue using the app, users must accept the privacy policy, which now states that a significant amount of data will be shared with the government in order to comply with laws and regulations.

Governance 56

Governance Government Consumer Privacy 56

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. While data privacy concerns and varying interoperability standards remain key adoption barriers, progress can be accelerated through standardised APIs and consumer education. Regional approaches are diverging.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach.

Compliance 130

Compliance Privacy Legal Processors 130

PYMNTS

OCTOBER 7, 2019

Big Tech has faced a number of inquiries growing in scope and scrutiny as lawmakers have been focused on competitive practices and efforts to ensure data privacy and protection. This means that tech firms will have to comply with and navigate numerous state laws that are in turn stricter than the federal bill would have put in place.

Privacy 53

Privacy Consumer Financial Protection Bureau (CFPB) CFPB Laws 53

PYMNTS

NOVEMBER 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. Reddy’s remarks were prompted after a lawmaker asked if the government had pried into people’s conversations on WhatsApp and other digital messaging apps. WhatsApp filed a lawsuit Oct.

Laws 40

Laws Governance Government NOV 40

PYMNTS

JULY 3, 2019

Ireland’s Data Protection Commissioner (DPC) announced that it has launched a third privacy investigation into Apple. Last year, the DPC opened an investigation into how Apple processes users’ personal data for targeted advertising on its platform, and whether its privacy policy on how that data is processed is transparent enough.

Compliance 71

Compliance Privacy Laws Regulations 71

The Fintech Times

FEBRUARY 17, 2025

From the EUs tightening AI laws to the USs innovation-friendly approach, we examine how different regions are adapting. Plus, we dive into cybersecurity challenges, proactive AI governance, and the evolving risks of AI-driven scams. Happy reading!

FinTech 59

FinTech Romance Scams Scams AI 59

Segpay

OCTOBER 3, 2024

Here are some of the most popular age verification tools and methods: Document-Based Verification Yoti : Yoti is a widely used digital identity platform that allows users to upload government-issued identification (like a passport or driver’s license) to verify their age. It is GDPR-compliant and offers high security.

Compliance 105

Compliance Verification Database Privacy 105

VISTA InfoSec

OCTOBER 26, 2023

federal law passed in 2002 to protect investors from fraudulent financial activities. SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. The Sarbanes-Oxley Act (SOX) is a U.S. It applies to all U.S. It applies to all U.S.

Audit 130

Audit Compliance Laws Governance 130

PYMNTS

JANUARY 14, 2020

The drafting of rules comes at a time when data privacy is being discussed and artificial intelligence (AI) and online banking technologies have revamped China’s financial services terrain “from processing payments to selling investment products.”. Global financial institutions are not profitable in China, and many have yet to break even.

Laws 58

Laws Rules Central Bank Privacy 58

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. To make multilateral payment platforms work well, there need to be clear rules and ways for different systems to work together.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Interoperability Payments 121

Payments Source

JULY 7, 2020

Technology has helped banks expand globally, but complying with country-specific laws restricting data flows is a constant struggle.

Regs 74

Regs Privacy Laws Technology 74

Open Banking Excellence

SEPTEMBER 27, 2024

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Nevertheless, it is essential to review and complement the existing legislation with complementary laws to fully unleash the potential of this ecosystem.

Financial Inclusion 147

Financial Inclusion Laws FinTech Regulations 147

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. However, this inundation of laws is creating uncertainty among merchants who want to keep their processes compliant.

Privacy 52

Privacy Rules CCPA Online and Mobile Banking 52

PYMNTS

NOVEMBER 9, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Australian Regulator Looks Into Merger Law Changes. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister.

Regulations 84

Regulations Privacy Compliance Laws 84

VISTA InfoSec

APRIL 12, 2024

This is particularly vital for businesses handling sensitive customer information, necessitating strict privacy law adherence and further emphasizing the multifaceted role of proxies in cybersecurity. They enhance performance, ensure privacy, and enable access to information, playing a vital role in the digital landscape.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130