Remove tag digital personal data protection act
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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

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TRENDING: Robots And Humans Join Forces To Speed eCommerce, Together

PYMNTS

Companies recognize the need for IoT security, but few are acting on those concerns. In the quest to protect unsecured IoT devices, Microsoft recently announced a new security solution intended for microcontroller unit-powered IoT devices. However, less than a third are actually vigilant about monitoring for third-party related risks.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Minister of Finance Nirmala Sitharaman said the exemption is being put into place “to provide relief to small businessmen” who fall under that revenue threshold, as well as furnish personal account numbers and Aadhaar. Amazon, for its part, has said that the TDS will impact smaller sellers in detrimental ways.

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Transcript: Brian Hamburger

Barry Ritholtz

So internally, there’s no incentive for them to do business until they stop so much business that some senior person has to come in and say, hey, you got to loosen the reins a little bit. You could probably build better digital tools. Shirl Penney was a guest of the show a couple of years ago, has a fascinating personal story.

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Transcript: Gary Cohn

Barry Ritholtz

Really a fascinating career, a really, really interesting person. We dive deep into all sorts of things about running businesses, managing risk, and then when we began talking about his public sector service, we went deep into the Tax Cuts and Job Act of 2017. And I stood behind that person for the better part of a year.

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