Tag: consent

Nov152020 by adminNo Comments

Facility for obtaining electronic customer consent extended till March 2021 for life insurers

Finance

MUMBAI: Regulator IRDAI has extended the facility for life insurers to obtain the consent of prospective policy holders electronically by three months till March 31, 2021. In view of the disruption of normal business activity following outbreak of the coronavirus pandemic, IRDAI in August, on an experimental basis, had permitted life insurers to obtain consent of customers for pure risk products (policies which do not involve any savings element) electronically till December 31. On a review of the working of the arrangement and on the basis of feedback from the life insurers, the Insurance Regulatory and Development Authority of India (IRDAI) has now extended the time period and the facility to all products. "Life Insurers are allowed to obtain the customer's consent through electronic m...

Apr182018 by adminNo Comments

Facebook seeks facial recognition consent in EU and Canada

Technology

Facebook has started asking European and Canadian users to let it use facial recognition technology to identify them in photos and videos.Facebook originally began face-matching users outside Canada in 2011, but stopped doing so for EU citizens the following year after protests from regulators and privacy campaigners.The new request is one of several opt-in permissions being rolled out in advance of a new data privacy law.The move is likely to be controversial.The company is currently embroiled in a privacy scandal related to the use of its members' personal information by the political consultancy Cambridge Analytica.The social network is also facing a class-action lawsuit in the US for deploying the facial recognition technology there without users' explicit consent."Biometric identifica...