mobile security laws Archives

European Union debates mobile payment regulations as more industry giants take part

11/29/201111/29/2011 Julie Campbell

Regulators in the European Union may choose to stimulate payments using mobile devices as those in other areas face struggles with services that are currently drawing the participation of industry leaders such as Apple Inc., Google Inc., and Visa Inc. According to a document produced by the European Commission that looks into perspectives for future industry regulations, the region doesn’t yet have a “concrete European framework” in place for systems that provide customers with the ability to buy products and services using their mobile phones. The document stated that “As…

The truth about the collection and use of eReceipts and mobile payment data

10/12/201110/12/2011 Julie Campbell

Mobile payments and eReceipts are primed and ready to become widespread, but as this is a brand new technology and technique, many people are wondering how the data collected from their devices in order to perform those transactions will be used by retailers and merchants. The traditional online marketplace, with its e-commerce, email marketing, and other forms of online advertising, are now considered to be technologies that have matured, and standard privacy practices are in place to help regulate them. There had been a wrench thrown into the works by…