Find here all the latest articles, news, and research on GDPR and other GDPR-related topics:
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The European Data Protection Board (EDPB) has announced that online platforms, including Meta, should not require users to pay for data privacy for ad-free subscriptions.
GDPR, data privacy, regulation, data protection, data analytics
Sweden-based payments group Klarna has received a USD 733,000 fine for failing to adhere to the EU's General Data Protection Regulation (GDPR).
GDPR, online payments, regulation, compliance
Vlad Macovei from The Paypers emphasises the worldwide move toward Open Data regulation, including the EU's Data Act, changing North American data privacy laws, and global legal approaches to data privacy.
open data, Open Banking, Open Finance, regulation, data sharing, GDPR, data protection, artificial intelligence, Digital Markets Act (DMA), PSD2, banking, fintech
US-based identity platform Persona has announced the launch of a new suite of solutions that aim to support companies in meeting compliance requirements in the EU.
KYC, KYB, identity verification, regulation, GDPR, product launch
Jovi Overo, Managing Director at Unlimit, provides a valuable perspective on the crucial role of fintech in promoting financial inclusion.
cross-border payments, ecommerce, financial inclusion, fintech, BaaS, API, cybersecurity, PCI compliance, regulation, PSD2, GDPR
Gabriel Lucas and Chaira Mekkaoui, Associate Directors at Redbridge Debt and Treasury Advisory, discuss the importance of balancing legacy technology and digital transformation.
cross-border payments, ecommerce, digitalisation, digital payments, customer experience, compliance, risk management, GDPR
Uri Arad, VP of Product at Identiq, tackles the possible benefits and dangers that World ID and worldcoin could bring to the global society.
digital identity, biometrics, biometric authentication, decentralized identity, identity verification, identity fraud, synthetic identity, fraud prevention, online fraud, fraud detection, artificial intelligence, data protection, data breaches, data privacy, GDPR, blockchain, scam, verifiable credentials
US-based Meta has agreed to ask EU-based users for consent before allowing businesses to perform targeted advertising based on their preferences.
regulation, compliance, GDPR, data protection
Amleto Montinari, Payments Consultant and Expert at Allyiz, shares his expertise on the aspects seen as core to the payment strategy in 2023, including new regulations, risk management, and economic forecasts.
payments , ecommerce, PSD2, GDPR, regulation, cybersecurity, ISO 20022, cross-border payments, risk management, financial services, banks, fintech, BaaS
Emanuel van Praag, Attorney-at-law specialising in Financial Regulatory matters and Professor of Financial Technology and Law, delivers an important summary of the European Commission's Legislative Proposal for a Framework on Financial Data Access.
PSD3, payments , GDPR, data sharing, financial institutions
Meta has been fined with EUR 1.2 billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US.
Meta, Facebook, data sharing, data privacy, GDPR
Identity verification provider ID-Pal has partnered with Bluestone Motor Finance to provide its biometric, document, and database checks for real-time decisioning.
partnership, identity verification, digital identity, KYC, compliance, API, SDK, AML, fraud prevention, cybersecurity, biometrics, GDPR, data analytics, digitalisation, digital onboarding, financial services, fintech
The Italian Data Protection Authority has blocked OpenAI’s ChatGPT in the country citing the illegal collection of personal data.
artificial intelligence, data protection, compliance, regulation, GDPR
Tom Wijnen from Worldline analyses how various regulations interact with Open Banking and what could be done to unify disparate rules, standards, and directives.
Open Banking, Open Finance, Open Data Economy, PSD2, SEPA, GDPR, digital identity, instant payments
India has proposed a new data privacy law that will mandate how companies handle data of its citizens, three months after it withdrew the previous one.
data, regulation, GDPR, compliance, online security
Lithuania-based identity verification provider iDenfy has guaranteed safety for European Capital of Democracy (EcoD) when onboarding new applicants.
iDenfy, KYC, GDPR, digital onboarding, identity verification, artificial intelligence
INNOPAY experts take a closer look at how divergent the current digital identity landscape in Europe is and highlight some examples regarding digital identity in individual member states.
digital identity, KYC, identity verification, regulation, GDPR, digital onboarding
Monica Monaco, Owner and Managing Director at Trust EU Affairs, shares her views on Europe’s approach to Open Finance and EC`s initiatives to further Open Finance legislation.
Open Finance, European Commission, PSD2, GDPR, regulation
The European Central Bank has released another working paper on the digital euro, despite Europeans’ concerns regarding a central bank digital currency (CBDC)
central bank, digital euro, digital currency, cash, cashless, regulation, bank transfer, GDPR, CBDC
Global identity verification provider ID-Pal has announced it is formally entering the UK market following six years of growth.
expansion, AMLD6, AML, GDPR, SMEs, identity verification