Tag : consumer privacy

Investing in Open Finance: Supporting the Consumer
Commerce Digital Asset Management Guest Posts

Investing in Open Finance: Supporting the Consumer

Jacob Ideskog
Open Finance and Open Banking have changed the way the fintech industry operates, providing new ways for Financial Institutions (FIs) to manage customer data and finances. As long as user consent is obtained first, it enables third-party fintechs to utilize relevant consumer data provided by financial institutions to expand the......
Australia Tightens the Competition and Consumer Act with Stricter Penalties
Compliance management Consumer protection laws Featured

Australia Tightens the Competition and Consumer Act with Stricter Penalties

Sudipto Ghosh
Last week, the Australian lawmakers passed the Treasury Laws Amendment Bill 2022 to strengthen the existing  Competition & Consumer Act 2010. The new amendments to CCA 2010 would now attract harsher penalties for companies that indulge in unfair practices with the consumers and small businesses. Corporations found to contravene the......
Opera Partners With Butter to Provide an Optional In-Browser BNPL Extension in the UK
Digital Payments Finance News

Opera Partners With Butter to Provide an Optional In-Browser BNPL Extension in the UK

Fintech News Desk
Extension to offer FCA-regulated flexible finance solutions via Opera’s PC browser Opera, a leading global web innovator chosen by hundreds of millions of users globally, is collaborating with Butter, one of only two Buy-Now-Pay-Later (BNPL) platforms regulated by the FCA, to make the user experience more seamless for UK based shoppers......
New Study Finds Smooth Digital Transactions “Essential to Business Survival” During and After Pandemic
Business Fintech News

New Study Finds Smooth Digital Transactions “Essential to Business Survival” During and After Pandemic

Fintech News Desk
Economist Intelligence Unit and TransUnion report highlights which emerging technologies could present challenges for and increase fraud prevention, economic inclusion and consumer privacy A new global study by the Economist Intelligence Unit and TransUnion (NYSE: TRU) has overwhelmingly found the key to whether or not companies go out of business......
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