Eighty-seven percent of Americans believe data privacy is a basic right, so merchants can’t afford to miss the mark on safeguarding consumers’ information. Michael Reidbord, president of retail technology organization Fashion Tech Consortium, explains how merchants must juggle evolving regulations that address consumers’ privacy concerns.
Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to the pandemic. One recent study found that almost 50 percent of shoppers worldwide are using digital payment methods more often...
While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus, many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Global lockdown to fight the virus’s spread means...
In retailing it’s usually a good thing when you’re the first to do something. Except when it’s a lawsuit. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in...
August 18, 2020
Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to the pandemic. One recent study found that almost 50 percent of shoppers worldwide are using digital payment methods more often than they did prior to the pandemic, for example. This […]
December 30, 2019
The real estate developer behind California’s tough new privacy law — the strictest in the U.S. — wants to further strengthen it when it becomes effective Jan. 1, The Wall Street Journal reported Sunday (Dec. 29). Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to […]
December 18, 2019
Starting Jan.1, the California Consumer Privacy Act will give people control over the personal information companies collect, store and share, the Associated Press reported on Wednesday (Dec. 18). The law’s...
