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Find out the week’s top mobile stories from around the world. Stories this week include… How should mobile apps prepare for California’s privacy scrutiny, Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents,  How Cryptocurrency Will Revolutionize Our Daily Lives and much more…

How should mobile apps prepare for California’s privacy scrutiny?

iApp

In late January, California Attorney General Rob Bonta announced one of the agency’s top enforcement priorities for 2023. The attorney general’s office is conducting investigations into popular mobile apps, with a focus on the “retail, travel, and food service industries.” The Data Privacy Day investigative sweep came with an added sense of urgency, after the affirmative right to cure within a 30-day period expired at the end of 2022. Now companies that receive inquiries from the California attorney general are not guaranteed the opportunity to fix any compliance gaps before being subject to penalties.

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Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents

PYMNTS

Banks are at a critical juncture in an era of increasing digital threats and a smartphone-centric culture. PYMNTS’ latest research shows that smartphones are already the go-to device for online financial activities for most consumers, particularly younger generations. Couple this shift with consumers’ desire for increased control of safeguarding their financial information, and it is clear that financial institutions’ current approaches to digital financial security and authentication require a reboot.

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The Future of Mobile Technology: How Cryptocurrency Will Revolutionize Our Daily Lives

Telemedia Online

In recent years, another innovation has emerged that is set to change how we interact with our devices and each other – cryptocurrency.

This article will explore the intersection of mobile technology and cryptocurrency and how this technology could impact our lives in the UK. From secure mobile payments to the decentralization of traditional financial institutions, we will examine the possibilities that await us.

One of cryptocurrency’s most significant potential impacts on mobile technology is the ability to make secure mobile payments. Most mobile payments are made using credit or debit cards linked to centralized financial institutions. This makes cryptocurrency a speedy way to make mobile payments.

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The Privacy Prescription: Rules Restricting Health Data Use And How To Employ More Holistic Security Measures

Forbes

This year alone, there have been three large U.S. healthcare data breaches. They raise important questions about the protection of online health data and the regulations that govern it.

The Health Insurance Portability and Accountability Act (HIPAA) of 1996 protects health data in the U.S. However, there are several compliance-related loopholes in HIPAA.

For instance, HIPAA has no provisions for medical health apps, websites and tracking services, which may explain why advocacy groups have been demanding changes in the privacy rules and scope of legislation prescribed under HIPAA.

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3 essential tips for improving mobile ad creative performance

The Drum

In recent years, the mobile phone has transformed from a cutting-edge communication technology to an indispensable part of our daily lives. Think back to 2007 when the first iPhone was unveiled; who would have guessed that this digital “fad” would spread so swiftly to become an indispensable device we use daily?

As the demand for mobile phones has grown, the importance of mobile ads and the need for innovative ad creatives have also increased. Today, people worldwide spend over three hours a day on their phones.

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Gone in seconds: rising text message scams are draining US bank accounts

Guardian

Smartphone shipments in India fell 20 per cent year-on-year to 30.6 million units in Q1 due to uneven demand across segments, with weakness causing inventories to rise, Canalys revealed.

Canalys analyst Sanyam Chaurasia predicted 2023 will be challenging as the mass-market segment is still moving slowly, but noted the premium market is poised for growth, boosting ASPs in the nation.

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Microsoft tried to buy a different mobile game publisher before Activision Blizzard

Videogames Chronicle

Microsoft previously attempted to buy a mystery mobile game publisher, according to documents published this week by the UK’s competition watchdog.

On Wednesday, the Competition and Markets Authority (CMA) said it was blocking Microsoft’s proposed acquisition of Activision Blizzard due to concerns about the deal’s impact on the future of the cloud gaming market.

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Which Pandemic-Driven Retail Trends Are Here to Stay?

Streetfightmag

Many of the changes to retail shopping that took place during the pandemic-era were transient. Demand for curbside pickup and contactless delivery, for example, peaked in 2020 and 2021.  Other changes in retail trends have been more permanent.

Across the country, retailers are continuing to see surging interest in mobile shopping and contactless payments.

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Overcoming industry obstacles for decentralized digital identities

Helpnet Security

In this Help Net Security interview, Eve Maler, CTO at ForgeRock, talks about how digital identities continue to play a critical role in how we access online services securely. Maler also highlights the challenges encountered by various industries in implementing decentralized digital identities.

Decentralized identity is a nascent area, and we’re at an exciting moment in time where decentralized digital identities are gaining traction across various industries. The biggest challenge decentralized digital identity systems face is adoption, as it introduces system complexity and requires changes to the inner workings of both service providers and specialized identity providers as well as changing user experiences.

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MEF