India penalizes Amex, Diners for flouting data-storage rules
he Reserve Bank of India restricted American Express Banking Corp. and Diners Club International Ltd. from adding new local customers, ...
Tag: data privacy
Bankers prepare for GDPR-type regulations to take hold in the US
The GDPR bogeyman is now preoccupying bankers in the U.S. The EU's General Data Protection Regulation (GDPR), which took effect ...
Mnuchin Prefers Private Over Government Solutions to Data Collection, Use
WASHINGTON, D.C. — U.S. Secretary of the Treasury Steven Mnuchin said today that he prefers private over government solutions when ...
How Much Is Illicit Bank Data Worth Online?
Cyber crime sure does pay, according to a report at Intel Security blogs.mcafee.com. There’s a boom in cyber stores that ...
8 reasons Compliance keeps bankers, Fintech upstarts “up at night”
Compliance is a big ugly problem and it’s getting worse and nobody has nailed it yet. That should have entrepreneurs ...
Your Customers’ High Cost of Privacy
This writer has said numerous times that privacy is waning and dying. Partly because we have allowed it with our ...
Some Banks Are Using ‘Privacy’ as an Excuse to Avoid Innovation
Photo: val lawless Corner any banker with a question about a commitment to banking innovation and the response will be ...
Banks’ IT Spending, Driven by Data Privacy Concerns, to Top $118 Billion in 2013
North American banks will spend $118.6 billion on IT in 2013, according to a Jan. 31 report from UK-based Ovum ...
