The revision of the payment services European legal framework operated by the Second Payment Services Directive (PSD2) deems to respond to the challenges set forth by the thriving innovation in the industry. Its aim is to allow Fintech companies and incumbent players (aka banks) to keep creating novel business models, while ensuring the enhancement of …
Continue reading “PSD2, GDPR and Banking Secrecy: What Role for Consent?”
[…] Separately, for all the appeal of Solid “pods” and other Personal Data Stores, there seems to be a conflict between them (requiring an ability to understand, capture, and contain such data) and the unlimited data flows that characterize the post-Internet world. [… ] The Personal Data Universe refers to a vast and constantly changing …
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As digital technologies facilitate the growth of both new and incumbent organisations, we have started to see the darker sides of the digital economy unravel. But what do young people who grew up with the internet think about this development? Our research with 400 digital natives – 19- to 24-year-olds – shows that this generation, …
Continue reading “Revolt on the horizon? How young people really feel about digital technology”
13th January 2019 marked one year since the UK embarked on its Open Banking experiment. Despite the inevitable teething problems, the initial signs are encouraging, as banks up their game in the face of strong competition from innovative third party products and services. Whith another version of the Open Banking Standard yet to be released, …
Continue reading “Has Open Banking changed anything 15 months on?”
Web interfaces have become quite a character, haven’t they? Self-indulgent, impolite, disrespectful and obsessed with user’s data. In this series of articles, we’re looking into privacy UX patterns to make our interfaces better without leaving conversion considerations behind. Privacy UX: Common Concerns And Privacy In Web Forms by Vitaly Friedman at Smashing Magazine
Under the GDPR’s article 83, fines are divided into two separate categories. The first, which merits a maximum 2% of global revenue, is associated with security violations. The second category merits a more severe fine at 4% of global revenue relate to limiting processing for personal data, gaining consent, and processing data lawfully: Article 15: …
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Identity and personal data will be vital aspects of living in the future, says will.i.am, a musician and entrepreneur “AT A LUNCH at the World Economic Forum five years ago, guests were asked to predict what people would care about around 2019. My mind raced through thoughts about identity and data. When the host, Marc …
Continue reading “The Economist: We need to own our data as a human right—and be compensated for it”
Following an open selection process, the Commission appointed 23 experts to an Expert Group on Business-to-Government Data Sharing. The Expert Group’s tasks shall be to: identify good practices on B2G data sharing in order to contribute to more efficient and better public service delivery and/or more reliable and evidence-based policymaking; assess the legal, economic and …
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From GDPR to Facebook and the Cambridge Analytica scandal, 2018 was a year where personal data privacy was pushed front and centre of the public consciousness and debate as never before. GDPR will be emulated around the world, but with regional differences. There will be continuing debate that privacy inhibits innovation. Health data will become …
Continue reading “Personal data and privacy predictions for 2019”