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Euronet Worldwide Reports Fourth Quarter and Full Year 2020 Financial Results

Euronet Worldwide Reports Fourth Quarter and Full Year 2020 Financial Results February 09, 2021 23:20 ET | Source: Euronet Worldwide, Inc. Euronet Worldwide, Inc. Leawood, Kansas, UNITED STATES LEAWOOD, Kan., Feb. 09, 2021 (GLOBE NEWSWIRE) Euronet Worldwide, Inc. (“Euronet” or the “Company”) (NASDAQ: EEFT), a leading electronic payments provider, reports fourth quarter and full year 2020 financial results. Euronet reports the following consolidated results for the fourth quarter 2020 compared with the same period of 2019: Revenues of $706.6 million, a 2% increase from $693.7 million (2% decrease on a constant currency 1 basis). Operating income of $50.2 million, a 53% decrease from $107.2 million (56% decrease on a constant currency basis). Adjusted operating income 2 of $50.8 million (excluding a $0.6 million impairment of acquired intangible assets), a 53% decrease from $107.2 million (56% decre

Defendant Seeking to Limit CCPA s Private Right of Action

Advertisement Defendant Seeks to Limit CCPA’s Private Right of Action and Force Massive Class Action into Binding Arbitration Thursday, February 4, 2021 CPW has previously covered how companies are increasingly turning to consumer arbitration agreements to limit litigation exposure.  While an arbitration agreement does not allow a defendant to avoid a lawsuit outright, it does provide an escape mechanism from the public scrutiny and cost of litigation.  Issues concerning application of arbitration agreements continue to come up in privacy class actions, with litigations brought under the California Consumer Privacy Act (“CCPA”) presenting unique considerations.  A recent CCPA class action may answer some open questions read on below.  

CCPA Rejected As Basis for Limiting Discovery in Litigation

Wednesday, January 27, 2021 The California Consumer Privacy Act (the “CCPA”) went into effect on January 1, 2020.  CPW has covered some of the privacy litigations involving the CCPA (and the first CCPA class action settlement).  For those of you wondering whether the CCPA limited the scope of discovery in litigation, at least one federal court last year held it  does not.   Will Kaupelis v. Harbor Freight Tools USA, Inc., Case No. 19-01203 (C.D. Cal.) As a reminder, the CCPA regulates any “business” that “does business in California,” even those without a physical presence in the state, and determines the means and purposes of the processing of “personal information” (“PI”).  Aligning with the European Union’s General Data Privacy Regulation (“GDPR”), the CCPA defines “personal information” to include “information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked,

2020 in Review: California Consumer Privacy Act

Tuesday, December 22, 2020 As the first year for litigation and enforcement, 2020 was a big year for the California Consumer Privacy Act (“CCPA”).  Read on for ConsumerPrivacyWorld’s highlights of the year’s most significant events, as well as our predictions for what 2021 may bring. Recap – What is the CCPA? Following the lead of the European Union’s General Data Privacy Regulation (“GDPR”), the CCPA is the nation’s first definitive set of data privacy laws and went into effect on January 1, 2020.  It regulates any “business” that “does business in California,” even those without a physical presence in the state, and determines the means and purposes of the processing of “personal information”.

Death of third party cookies: Enter sandbox from Google

Since 1994, cookies have enabled websites to distinguish individuals from the otherwise faceless mass of online users. These tiny text files store basic information about us from the websites we visit, such as our preferred language, our login details and how many items we’ve put in our virtual shopping basket etc, and are saved on our browsers. Cookies are the foundation of the personalised browsing experience and web analytics, giving us visitor numbers, page views, reach etc. But not all cookies are the same. Cookies direct from the website you’ve visited, which can only be read by that website, are known as first-party cookies. Those from advertisers – the ad space on websites typically owned by large ad tech firms – are known as third-party cookies and these can track your browsing habits.

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