Articles with tag like: data privacy

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Interview with the Central Bank of Jamaica and eCurrency on CBDCs

Interviews | Payments General | 11 Jun 2021

The Central Bank of Jamaica and eCurrency delve into the topic of CBDCs, based on the pilot that currently tests a digital Jamaican Dollar

CBDC, central bank, online security, cash, DLT, payment processing, digital payments, e-wallet, KYC, data privacy

Diem aims to replace USD stablecoin with gov digital dollar

News | Cryptocurrencies | 27 May 2021

The recently announced Diem USD stablecoin is intended as an interim step until the US Federal Reserve issues a central bank digital currency (CBDC) or digital dollar.

Diem, Diem Association, stablecoin, digital dollar, e-wallet, data privacy

Skyflow launches Payments Data Privacy Vault

News | Online & Mobile Banking | 26 Apr 2021

Skyflow has announced the launch of its Payments Data Privacy Vault, the zero trust data vault for handling sensitive payments and personal data. 

API, fintech, data privacy, compliance

FinSS Global partners with Salt Edge to meet the CDR requirements in Australia

News | Digital Identity, Security & Online Fraud | 15 Apr 2021

FinSS Global has partnered with Salt Edge, a developer of Open Banking compliance products, to enable local data holders to meet all the Customer Data Right (CDR) requirements within two months.

compliance, partnership, Open Banking, data, banks, financial institutions, regulation, data privacy, API

Litecoin launches new update

News | Cryptocurrencies | 22 Mar 2021

Peer-to-peer cryptocurrency Litecoin has announced the launch of the Mimblewimble update to increase anonymity.

product upgrade, cryptocurrency, blockchain, data privacy

The promise of confidential computing for safeguarding privacy in BNPL schemes

Voice of the Industry | Online Payments | 18 Mar 2021

Nikhil Surve, Associate Director at enterprise software firm, R3 discusses how can confidential computing be used to solve data privacy issues around BNPL

blockchain, BNPL, R3, data privacy, ecommerce, credit card

Google Pay launches new features to enhance user privacy in India

News | Mobile Payments | 15 Mar 2021

Google Pay has introduced features designed to improve privacy for India-based users, allowing them control over transaction data.

Google Pay, product launch, data privacy, mobile payments

Ant Financial refuses to share more consumer data with China's central bank

News | Digital Identity, Security & Online Fraud | 04 Mar 2021

Ant Group has defied government pressure to share more consumer data with China’s central bank, after it was forced to pull its record USD 37 billion initial public offering in 2020.

data privacy, PBOC, banks

Commonwealth Bank of Australia to suggest models for Australia-wide digital ID oversight

News | Digital Identity, Security & Online Fraud | 18 Feb 2021

The Commonwealth Bank of Australia (CBA) has suggested that Australia’s digital ID system oversight is best left to existing, broad-based regulators and, where possible, industry self-regulation.

Commonwealth Bank of Australia, CBA, digital identity, myGovID, data privacy, data security

Bank of Canada reveals three digital currency proposals

News | Cryptocurrencies | 12 Feb 2021

Top three Canadian universities have published their proposals regarding a digital currency model, as part of Bank of Canada (BoC)’s foray into CBDCs.

Bank of Canada, digital currency, tokenisation, digital dollar, CBDC, data privacy, money laundering, eKYC, digital identity, tokens

Northern Block selects Acuant for identity proofing and compliance tech

News | Digital Identity, Security & Online Fraud | 08 Feb 2021

Acuant has announced that self-sovereign identity (SSI) solutions provider Northern Block will deploy its biometric Identity Proofing and Compliance tech.

SSI, Northern Block, Acuant, biometrics, identity verification, compliance, partnership, data privacy, personal data

Spain releases guidelines for minimising crypto tax evasion risk

News | Cryptocurrencies | 05 Feb 2021

The State Agency for Tax Administration of Spain has published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin, according to news.bitcoin.com

Spain, treasury, guidelines, regulations, cryptocurrency, tax evasion, fraud, data privacy, data sharing, crypto exchange, Digital Asset

Top 5 learnings from 2020's exceptional peak season

Voice of the Industry | Digital Identity, Security & Online Fraud | 01 Feb 2021

Mark Strachan, EMEA Managed Risk Principal at Cybersource, discusses the top 5 learnings from 2020's exceptional peak season, and considers what to look out for as we head into 2021

Mark Strachan, Cybersource, COVID-19, Brexit, fraud, cross-border, MOTO, PSD2, SCA, merchants, account takeover, authentication, phishing attacks, behavioural analytics, ecommerce, tokenization, ransomware, hacking, data privacy

InnoValor gets new ISO/IEC 27701 privacy certificate

News | Digital Identity, Security & Online Fraud | 29 Jan 2021

InnoValor, the originator of ReadID, has received ISO/IEC 27701 privacy certificate from TÜV Trust IT GmbH TÜV Austria Group.

ING, Rabobank, identity verification, data privacy, GDPR, InnoValor, ReadID, Netherlands, NRF, smartphone, mobile verification

Norway regulators to fine Grindr USD 11.7 mln for alleged data sharing

News | Digital Identity, Security & Online Fraud | 28 Jan 2021

Norwegian regulators have announced intentions to fine popular gay dating app Grindr with nearly USD 12 million over alleged data-sharing practices, according to ABC News.

Norway, regulators, Grindr, fine, data sharing, data privacy, data sovereignty, third parties, dating app, Norwegian Data Protection Authority

Accenture's FinTech Innovation Lab London selects Nuggets for SSI adoption

News | Payments General | 14 Jan 2021

Accenture’s FinTech Innovation Lab London has selected Nuggets, the decentralised, self-sovereign ID, and payments platform to join the cohort of 20 fintechs in its latest accelerator programme.

fintechs, decentralised, self-sovereign ID, payments platform, Accenture, Nuggets, fraud prevention, customer protection, data privacy, blockchain

More than half of Europeans don't trust public authorities with their data

News | Payments General | 21 Dec 2020

61% of Europeans don’t trust public authorities with their data, according to Reboot Online.

Reboot Online, data, data privacy, study, state governments, local governments, police

Fenergo's findings show penalties for AML/KYC non-compliance totalling USD 10.4 bln

News | Digital Identity, Security & Online Fraud | 09 Dec 2020

Digital transformation, customer journey, and client lifecycle management (CLM) solutions provider Fenergo has released its annual findings on global financial institution fines.

financial institution, fines, AML, data privacy, MiFID, Fenergo, report, banks, financial institutions, breaches

Central Bank Digital Currencies for Dummies – A Quick Guide into CBDCs

News | Cryptocurrencies | 09 Dec 2020

The Paypers releases the Central Bank Digital Currencies for Dummies, an ebook which is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, the implications, and risks they pose.

central bank digital currencies, CBDC, digital dollar, digital euro, Chinese yuan, Facebook Libra, stablecoins, Central banks, commercial banks, fintech, technology providers, monetary policies, Financial systems, COVID-19, payments digitalisation, mobile wallets, smartphones, financial inclusion, customer data, digital identity, data privacy, security

Central Bank Digital Currencies for Beginners – A Quick Guide into CBDCs

Report | Cryptocurrencies | 09 Dec 2020

Central Bank Digital Currencies for Beginners is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, and the implications and risks they pose

central bank digital currencies, CBDC, digital dollar, digital euro, Chinese yuan, Facebook Libra, stablecoins, Central banks, commercial banks, fintech, technology providers, monetary policies, Financial systems, COVID-19, payments digitalisation, mobile wallets, smartphones, financial inclusion, customer data, digital identity, data privacy, security