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Payments round-up: 30 November 2017

We did say there will be no quiet days. Coming straight after yesterday’s (29 November) action, we bring another payments round-up. Features Interac, nanopay, Remitr, ADGM, Nordea, Nets, Facebook and Amazon.

Facebook data privacy lawsuit is worth keeping an eye on

Large companies getting sued is nothing particularly new, but a lawsuit over whether Facebook has violated the data privacy rights of European citizens might make quite a splash, reports Telecoms.com (Banking Technology‘s sister publication). As reported back in September, Facebook was slapped with a fine from the Spanish data protection watchdog for inappropriately collecting and […]

Payments round-up: 7 November 2017

A distinctly European feel in our latest payments round-up. Stars Facebook Messenger, the UK’s Payment Systems Regulator, Concardis and AliPay. The UK will be the first country outside the US to get the Facebook Messenger payments service. Messenger was launched in the US in 2015 and lets people transfer cash during any conversation within the […]

Sibos 2017: social media – identity capitalism

“Our social and business communications are edited by tech,” Vladan Joler, director of Share Foundation, stated at the Sibos Innotribe panel, How does Facebook know you better than you know yourself?.

Facebook feels sharp end of Spanish privacy stick

Facebook has been slapped with a fine from the Spanish data protection watchdog for inappropriately collecting and using personal information on some of its Spanish users, reports Telecoms.com (Banking Technology’s sister publication). The fine, although a bit of a meagre one, is for violating Spain’s Organic Law on Data Protection (LOPD), with the Spanish data […]