வசந்த ஆய்வகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Spring Labs Addresses Major Blockchain Regulatory Hurdle by Bringing Know Your Customer Tools
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Now, TechCrunch has exclusive details on the size of that round and the nature of the relationship.
First off, the fact that TransUnion, a public company with a $20 billion market cap, chose to back and partner with four-year-old Spring Labs is significant in and of itself. A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness.
Spring Labs is one of them. The startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. It’s raising a $30 million Series B, led by TransUnion one of the largest incumbents in an industry that Spring Labs is looking to shake up.
Operator
Good day and welcome to the TransUnion 2021 First Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Aaron Hoffman, Senior Vice President of Investor Relations. Please go ahead.
Aaron Hoffman
Senior Vice President, Investor Relations
Good morning, everyone and thank you for joining us today. I hope all of you remain safe and healthy.
On the call today, we have Chris Cartwright, President and Chief Executive Officer; and Todd Cello, Executive Vice President and Chief Financial Officer. We ve posted our earnings release and slides to accompany this call on the TransUnion Investor Relations website. Our earnings release and the accompanying slides include various schedules, which contain more detailed information about revenue, operating expenses and other items, as well as certain non-GAAP disclosures and financial measures,
Date Time
Parental control apps behaving badly
Researchers from EPFL and Spain’s IMDEA Software Institute and IMDEA Networks Institute, have found that many parental control applications collect and share data without consent, and fail to comply with regulatory requirements.
Parental control applications available on Android through the Google Play Store are used by parents to monitor and limit their children’s online activities and even physical location; for example, to examine a child’s web browsing history, to block or limit their access to certain websites or features, or through surveilling the location of their mobile devices to know where their children are.
vimarsana © 2020. All Rights Reserved.