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Can Financial Regulation help Social Media fix its Data Crisis?

Can financial regulation principles help social media platforms address their personal-data crisis?

 

 

Social media platforms’ flawed handling of personal data has recently awakened public and governmental scrutiny. Most of them have launched financial services and gotten to know their partners operating under Financial Services regulation that has a good track record protecting consumer data. The regulatory framework might offer inspiration for attacking their current problems.

 

About Ted Bissell

Ted Bissell brings decades of experience launching innovative digital services in the converging sectors of financial services, telecom and media. He has advised large and small companies on their strategy and business expansion that capitalize on breakthroughs in digital, where fast adoption allows consumers to call the shots and can cement their loyalty. Ted is based in New York City.

 

Related insights: Watch the Payment Sector for a Sneak Preview of Tomorrow’s Digital Financial Services.

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