PYMNTS

JULY 23, 2019

Vietnam is introducing a social network similar to Facebook after the Communist-ruled government asked domestic tech companies to create substitutions. The social media company has teamed up with Sony Music Entertainment to feature music content, and aims to reach three million users in 2019 and 20 million by January 2021.

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social media Mobile Taxes Compliance 116

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. Together in a Privacy Sandbox.

Google 288

Google Data Regulation social media 288

PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

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How To Payments Management social media 239

PYMNTS

MAY 18, 2020

Thierry Breton , EU tech chief, warns of more regulations for Facebook if the social media giant doesn’t mitigate apprehension about its market power and abuses on its platform, according to Bloomberg. I don’t think there’s a question there’s going to be regulation,” Zuckerberg said, according to Bloomberg. “I

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Regulation social media Video Online 148

PYMNTS

SEPTEMBER 16, 2019

It’s challenging that the industry that was built on trust is struggling with that trust,” said Erick Schwab, co-founder of Sylo, a third-party service that authenticates online audiences. Regulation could be the answer, some companies have speculated, and Unilever said it is all for tackling the problem aggressively.

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social media Regulation New York City Baltimore 150

Bank Innovation

SEPTEMBER 8, 2017

Chinese insurance company ZhongAn Online Property and Casualty Insurance, which boasts a customer base of 500 million people, has obtained approval to open an initial public offering (IPO) on the Hong Kong stock exchange. China’s first online-only insurance company hopes that the IPO will raise as much as $1.5 billion USD.

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Company Regulation Online social media 231

PYMNTS

SEPTEMBER 30, 2020

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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Regulation Data Regional Examples 175

PYMNTS

APRIL 8, 2019

The government in Australia passed legislation that seeks to stop live streaming of violent acts across social media platforms. According to the news report, Australia’s Attorney General Christian Porter said that “this is most likely a world first in terms of legislating the conduct of social media and online platforms.”

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social media Taxes Regulation Policies 101

PYMNTS

SEPTEMBER 14, 2018

How do consumers really want to search online ? There is little questions that regularly occurring data breaches, combined with increased consumer knowledge of how their online data and personas are used for advertising, have created what can plausibly be called a privacy backlash. Further regulations are looming.

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Online social media Google Data 148

PYMNTS

FEBRUARY 17, 2020

Breton said he’ll decide by the end of the year if he wants to adopt a set of stringent rules as a way for the EU to set out ironclad responsibilities for social media platforms and regulate them. He said any regulations should take this into account.

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Regulation social media Meeting Google 141

PYMNTS

MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By At Google, he pointed to its role in online ads as an antitrust and consumer protection concern. Landry said.

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Abrigo

OCTOBER 19, 2023

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. You might also like this whitepaper: "Protecting banking customers starts with you." But how did Cybersecurity Awareness Month start?

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Online Security Resources Training 221

PYMNTS

FEBRUARY 4, 2019

In order to continue using the app, users had no choice but to accept the privacy policy, which stated that a significant amount of data would be shared with the government in order to comply with laws and regulations. Some of the data included contacts and anything searched online when using the app.

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social media Policies Data Regulation 110

PYMNTS

JUNE 24, 2020

The Central Bank’s decision is a setback for the social media giant. Many small businesses in Brazil and India utilize the app as the primary means of establishing an online presence. The WhatsApp payment feature was introduced by parent company Facebook earlier this year in Brazil.

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Payments social media System Regulation 282

PYMNTS

MAY 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Facebook Founder and CEO Mark Zuckerberg published “Charting the Way Forward: Online Content Regulation.”

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Regulation social media Google Survey 131

PYMNTS

DECEMBER 18, 2020

The paper said that prior to the approval of vaccines by regulators in the United States and the European Union, authorities had warned that fraudsters would use the opportunity to launch scams or sell stolen doses.

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Report United States social media Guidelines 274

PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

social media 161

social media Compliance Data Innovation 161

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

DECEMBER 16, 2020

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments.

Technology 240

Technology System social media Payments 240

PYMNTS

DECEMBER 16, 2020

15) rolled out a proposal for tough new regulations for digital services that cover online marketplaces, social media and other platforms. users will remain subject to British privacy laws, which follow the European Union’s General Data Protection Regulation ( GDPR ) regime. The EU on Tuesday (Dec.

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California Report social media United States 213

PYMNTS

DECEMBER 15, 2020

15) extensive potential new regulations for digital services that would cover online marketplaces, social media and other platforms, offering first drafts for the Digital Markets Act (DMA) and the Digital Services Act (DSA) to the public. The European Commission released on Tuesday (Dec.

Marketing 210

Marketing social media Online Google 210

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

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Regulation Data US Washington 154

PYMNTS

OCTOBER 19, 2018

Those fraudsters can learn new techniques and keep a step ahead of companies, regulators, law enforcement and governments. We have to accept some part of that [friction] for the online world. We are trying to take our offline ID and use it online.”. This is only likely to get worse. The game will never change.

Fraud 189

Fraud Online social media Software 189

PYMNTS

MARCH 20, 2020

The policy being drafted by India’s trade ministry also calls for a new regulator to provide oversight and enforce compliance. The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said.

Data 183

Data social media Policies Regulation 183

PYMNTS

SEPTEMBER 23, 2019

CUs are facing pressure on the regulatory side as well, with banking advocacy organizations like the American Bankers Association (ABA) pressuring federal regulators to block rule changes that would help CUs compete with large banks. Deep Dive: How CUs Leverage Social Media. percent and total deposits by 6.9 About the Tracker.

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social media Trends Michigan United States 157

Abrigo

OCTOBER 3, 2014

Thomas focused on three key issues directly affecting the present and future of the accounting industry – increased regulations, a shifting workforce, and changing continuing education – as well as some thoughts on the opportunities these challenges offer. Image source: Rubiks.com. Blog Accountant'

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New Jersey social media Industry Regulation 270

PYMNTS

JANUARY 13, 2020

And beginning earlier in the month, new laws seek to tackle “rogue traders and online tricksters,” as denounced in a statement by Vera Jourova, the EU’s commissioner for values and transparency. That applies, too, to online ticket sales. The dawn of 2020 brought a spate of new rules governing data collection and use. In India, Too.

Data 131

Data social media Regulation California 131

PYMNTS

JANUARY 11, 2019

banking regulators asked lenders to help workers who couldn’t pay their bills or needed credit in the meantime, according to a report from Reuters. Some have turned to social media for help, using online fundraising sites or even selling possessions. As Friday (Jan.

Regulation 139

Regulation social media Washington Conference 139

PYMNTS

DECEMBER 13, 2018

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Many members first engage with their CU through its website or other online portal. Add it all up, and that can be a lot to handle.

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Regulation South Dakota ATM New York City 135

PYMNTS

AUGUST 20, 2019

European Union antitrust regulators announced that they are “currently investigating potential anti-competitive behavior” related to Facebook ’s Libra. Senate, David Marcus , Facebook’s head of blockchain projects, confirmed Facebook’s commitment that it would not look to bring Libra online in the U.S. lawmakers, led by Rep.

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social media Regulation cryptocurrency America 177

PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. billion global users. states and the DOJ.

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social media Google California Apple 160

Abrigo

JANUARY 4, 2023

banking regulators recently warned financial institutions that dealing with cryptocurrency exposes them to an array of risks. Social media scams: The FTC reports that half of those who have reported crypto losses since 2021 said the scam began with an ad, post, or message on social media. Stay in the know.

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social media Fraud cryptocurrency Trends 195

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. Both banks and regulators are re-examining how exactly SCA will affect the financial ecosystem.

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Strategy social media Regulation Retail 188

PYMNTS

AUGUST 4, 2020

Some 49 percent say they shop online when they can, while 48 percent are favoring contactless payments and 46 percent say they’ve cut down on cash use. For example, Phalen said they need support at the community level in the form of relaxed regulations to turn streets into outdoor cafes. What Comes Next.

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Study Survey social media Online 315

PYMNTS

JULY 1, 2019

Global tech companies like Google and Facebook have started lobbying against the UK’s proposed “duty of care” rules that are meant to prevent online harms, the Financial Times reported. So, it has to be an independent regulator, with partial government oversight,” Shepherd said. “We

Regulation 108

Regulation social media Google Washington 108

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

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Maryland Taxes Online Groups 151

PYMNTS

DECEMBER 20, 2018

From using instant messaging to getting directions and shopping online, consumers are constantly generating a trail of data about their preferences and whereabouts. Some businesses are already feeling the effects of privacy regulations. Around The PSD2 World. Smart cities ” based outside the U.S.

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San Francisco Regulation social media Data 187