Remove privacy-notice
article thumbnail

LexisNexis: APAC financial crime compliance cost in 2023 totals US$45

Future CFO

Specifically, 70% of organisations noticed rises in technology costs related to compliance/know-your-customer (KYC) software, while technology costs associated with networks, systems and remote work have increased at 74%. Criminals are increasingly using new technologies for their activities.

article thumbnail

Bitcoin Daily: UK Researching CBDC Use Cases; Lebanon To Introduce CBDC In 2021; SEC Member Pushes For Cryptocurrency Regulation; ShapeShift Delists Three Privacy Coins

PYMNTS

We need to have [a] process in place so that we make sure when we’re changing rules people have notice that we’re thinking about changing a rule and they can comment.”. On another note, Colorado-based cryptocurrency exchange ShapeShift has delisted privacy coin Zcash (ZEC), after delisting monero (XMR) and dash (DASH) on Friday (Nov.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Emerging risks for enterprises now includes Generative AI

Future CFO

Data privacy Generative AI tools may possibly share user information with third parties, such as vendors or service providers, without prior notice. This has the potential to violate privacy law in many jurisdictions.

article thumbnail

Princess Cruises Discloses Possible Data Breach

PYMNTS

Princess Cruises disclosed a potential data breach in a notice posted on its website. According to the notice, “Upon identifying this potential security issue, we engaged cybersecurity forensic experts and initiated an investigation to determine what happened, what data was affected, and who was impacted.”.

article thumbnail

Zoom Faces Class Action Lawsuit Over Security, Privacy Breaches

PYMNTS

The report said Zoom CEO Eric Yuan has acknowledged the security and privacy breaches and apologized. In a blog post a week ago, the company said had fallen short of expectations over privacy and security. Companies and agencies including Elon Musk’s SpaceX and Tesla Inc.,

article thumbnail

Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

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. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

article thumbnail

FCC Seeks Fines Against Top Cellphone Carriers Following Probe

PYMNTS

cellphone carriers after officials determined the companies didn’t ensure the privacy of customers’ real-time locations, The Wall Street Journal reported on Thursday (Feb. The FCC has already notified AT&T, Sprint, T-Mobile and Verizon of “pending notices of apparent liability,” according to the sources.