Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Poised for Growth Amid Changing Data-Privacy Environment; Seeks to Bridge the Gap Between Consumers and Their Data
Oct 10, 2022
- Reklaim appears poised to capitalize on new market opportunities for companies with a competitive edge in compliant data; it seeks to position itself as the go-to privacy-compliant data partner
- Shifting data-protection regulations and stricter privacy policies of Big Tech companies like Apple and Google require brands to replace their existing data suppliers with those compliant with new privacy standards
- Reklaim’s platform allows consumers to claim control of their personal data while brands can buy and sell consumer-consented privacy-compliant data
As the era of online tracking and monetizing consumer data without explicit consent is coming to an end, companies like Reklaim (TSX.V: MYID) (OTCQB: MYIDF) that provide consumer data compliant with government regulations are set to benefit in this rapidly evolving environment. Driven by the transformation of consumer privacy regulations and how Big Tech has adapted to this changing consumer sentiment and legislation, Reklaim appears poised to position itself as the go-to solution for businesses under swelling pressure to find a partner to solve this compliance gap.
In an increasingly noisy digital environment, brands rely on consumer data for targeted marketing to better personalize their online presence to match their intended audience’s preferences. Until recently, so-called Big Tech companies – such as Facebook, Google, Amazon, and the like – were collecting…
NOTE TO INVESTORS: The latest news and updates relating to MYIDF are available in the company’s newsroom at https://ibn.fm/MYIDF
About ESGWireNews
ESGWireNews delivers up-to-date information and actionable intelligence on public companies committed to sustainable corporate practices. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), ESGWireNews provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. Environmental, social and governance (ESG) issues aren’t just buzzwords. The growing threat of climate change has moved large investors, like pension funds and insurance reserves, to action and screen investments based on sustainability and environmental impact. ESG criteria are increasingly guiding the investment choices of large institutional investors, and blue-chip companies have taken notice. ESGWireNews aims to uncover the emerging growth companies following their lead. If you’re interested in aligning your values with your investment portfolio, you’re in the right place.
To receive SMS text alerts from ESGWireNews, text “ESG” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.ESGWireNews.com
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESGWireNews, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
ESGWireNews
Los Angeles, California
www.ESGWireNews.com
310.299.1717 Office
[email protected]
ESGWireNews is part of the InvestorBrandNetwork
More News
Stocks See Steepest Decline in Months Amid A.I. Worries
The S&P 500 index fell over 1.4 percent, its largest daily decline since July, while the tech-heavy Nasdaq slumped nearly 2.5 percent, that index’s biggest one-day decline since June.
Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas
The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.
Zuckerberg wins Meta deal to help him foot bill for possible California billionaire tax
The Meta boss had said he would exit the state over a wealth tax that has not yet come into force.
A.I. and Its Dangers Are Embedded In the Midterm Elections
The midterms are the first elections in which artificial intelligence is integrated into every major social media platform. Efforts to blunt its harms are uneven.
PHP Security Flaw Sets Off Global Rush to Patch, Leaving Websites Offline
Governments and businesses around the world scrambled to prevent hackers from exploiting a vulnerability in PHP, a popular programming language.
When Do Rules on Historic Preservation Go Too Far?
Saratoga Springs, N.Y., stands out for its preservation efforts. But some say strict designs have become a burden for residents.
'I wasn't thinking straight' says five jobs civil servant
Kashim Chowdhury is accused of fraudulently juggling multiple public sector jobs.
Barclays cutting 5,000 jobs as it increases reliance on AI
The bank says it is using more AI leading to a 5% reduction in its workforce.
Tank barrel production returns to UK after 20 years
The defence secretary says the UK is "back in the business of making weapons" for its armed forces.
The Briefing Room
After mass protests and violence, what will persuade the French to accept economic reform?
Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs
The move is the latest illustration of a company saying it believes it can be more efficient with fewer workers because of artificial intelligence.
Zuckerberg’s Big Deal to Stay in California
The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.