Payments News


GDPR Hits One-Year Mark: Time to Whip Your Compliance Strategy Into Shape

“While larger brands have taken a proactive approach to achieving GDPR compliance, smaller retailers are more passive — observing the trends and waiting for precedent-setting public cases to provide more clarity on the actual financial and reputational risks of poor compliance. But now that GDPR is about to hit the one-year mark in tandem with California’s Consumer Privacy Act, a new law that will enhance privacy rights for residents of California, retailers will need to rethink their lax data protocols to avoid penalization and the risk of losing customer trust altogether.”