Debit Card Apps for Kids Are Collecting a Shocking Amount of Personal Data
Greenlight says it isn’t currently selling data on kids’ spending habits to advertisers, but its privacy policy suggests it could start anytime.
FinTech
Amazon introduces a way to pay with your palm
Amazon is introducing a new biometric device that will allow shoppers to pay at Amazon Go stores using their palm. […]
Amazon testing payment system that uses hands as ID
Forget the titanium Apple Card — Amazon’s latest payment method uses flesh and blood. The e-tailing giant’s engineers are quietly […]
Chinese shoppers adopt facial payments in cashless drive
China’s shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology. […]
Duch privacy watchdog warns banks not to use payments for marketing
On Wednesday Duch data protection authority – Autoriteit Persoonsgegevens – announced that banks should not offer their customers products on […]
Polish Ministry of Digital Affairs issues GDPR guidelines for fintech
The Polish Ministry of Digital Affairs recently issued an EU General Data Protection Regulation guidebook addressed to financial technology companies. This is the […]
GDPR: the ‘controller v processor’ debate in financial services
Lessons can be learned in the financial services sector from the rush to update contracts to account for the General […]
Consumer Privacy Concerns Regarding Fintech Apps Remain High
Nearly one-third of U.S. banking consumers use online and mobile fintech apps to help manage their money. But those users […]
EU regulation will drive U.S. banks to embrace FinTech or lose market share
Along with the EU’s General Data Protection Regulation (GDPR), which gave citizens the right to control the use of personally […]
No cross-checking on consent needed under PSD2
Banks do not need to check whether their customers have given other companies permission to access information from their payment […]
GDPR makes demands that only robots can fulfil in the financial sector
Financial sector regulation may be necessary, but fulfilling its administrative requirements can become hugely costly without the power of automation. […]
Swedes Voice Data Fears After Facebook Scandal, Targeting Banks
In one of the world’s most digitally advanced corners, consumer groups are now demanding much better data protections against the […]
1 2