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Jun 10, 2021 • 6 tweets • 8 min read
What are privacy enhancing technologies (PETs), how are they used, and who uses them? Fintech Policy Advisor Kaitlin Asrow shares her thoughts about these emerging technologies and why they matter: sffed.us/3wbty1G
#Fintech#DataProtection#DataSecurity#Cybersecurity
"It's important to note that these systems, processes, and techniques do not ensure privacy
or compliance on their own. PETs are a tool that can be used in tandem with governance and operation systems."
As new #payment methods continue to emerge, our “2019 Diary of Consumer Payment Choice” highlights both the important role #cash plays in our economy while also illustrating the significant role of competing payment methods and #technologies: sffed.us/cashdiary#Debit cards were used the most, accounting for 28% of payments. #Credit cards accounted for 23% (up 2% from 2017).