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#digitalpayments

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"This research showed that emerging types of PETs [Privacy-Enhancing Technologies], like pseudonymization, zero-knowledge proofs, and secure multiparty computing, might feasibly be applied to digital currency systems such as the digital pound to minimize the sharing of data both with the central bank and between payment intermediaries, giving users greater control over their data and enhancing user privacy."

dci.mit.edu/enhancing-the-priv

MIT Digital Currency InitiativeEnhancing the Privacy of a Digital Pound — MIT Digital Currency Initiative

Hey everyone!

I’ve been looking into alternatives to PayPal based in Europe or somewhere else.

With all the changes happening lately, I’m curious—what payment methods are you using or seeing grow in popularity?

Ideally, something with a similar reach and ease of use as PayPal, and that’s starting to be accepted in places where PayPal used to dominate.

#PaymentMethods #PayPalAlternatives #EuropeBased #Fintech #DigitalPayments #Ecommerce #Banking #CryptoFriendly #OnlineBusiness

Thanks! 🙌

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💬 Participants shared valuable insights on their interest in instant payments, their understanding of the wallet, and their initial readiness to use it. More test sessions are anticipated in March!

👀 Interested? Follow our Community building work on TALER ICH ich.taler.net/t/testing-taler-

⏰ Remember! Our 6th Open Call is up and running until 1st of April 2025. Apply here nlnet.nl/taler/

"Today, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms. The agency is requesting comment on implementing existing financial privacy law and how to address intrusive data collection and personalized pricing. Additionally, the CFPB requested comment on a proposed interpretive rule outlining how the Electronic Fund Transfer Act, which provides consumers with protections against errors and fraud, applies to new types of digital payment mechanisms, such as those currently offered through large technology companies and video gaming platforms, as well as stablecoins and other digital currencies that are not widely used today in consumer transactions.

“When people pay for their family expenses using new forms of digital payments, they must be confident that their transactions are not tainted by harmful surveillance or errors,” said CFPB Director Rohit Chopra. “The CFPB is seeking public input on how to apply longstanding consumer and privacy protections to new and emerging payment mechanisms.”"

consumerfinance.gov/about-us/n

Consumer Financial Protection BureauCFPB Seeks Input on Digital Payment Privacy and Consumer Protections | Consumer Financial Protection BureauToday, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms.