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Tencent, Other Chinese Tech Firms Called Out For Privacy Violations

PYMNTS

The tech companies cited included social media giant Tencent , Sina Corp., A total of 41 apps were found to be not in compliance of user data rules, according to regulators, and violations included improperly collecting or using information about visitors to their services. Sohu.com Ltd. and Xiaomi Corp.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

The tech company’s formidable performance comes as Chinese authorities seek to exercise more control over the nation’s top digital platforms. "As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

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Developing an Information Security Wellness Program for your Financial Institution

Jack Henry

Ask someone how they achieve optimal physical health and you will likely hear about the following three components: exercise, diet, and annual physicals. The FI, much like the human body, needs mental exercise in order to stay fit. Author: Karen Crumbley, karenc@gladtech.net.

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This Week In Payments: MerchantE’s Sandra Blair On Amazon’s Busy Week And The Secret To Salesforce’s Success

PYMNTS

She said the Halo offers consumers a slimmer, sleeker alternative to the Apple Watch, but all of the high-tech functionality around health monitoring (heart rate, exercise level, body-fat levels, etc.). After all, SPACs’ organizers are experts in the complexities, regulation and compliance issues surrounding going public.

Payments 157
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Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

By 2017, 1 st Alliance’s compliance department began to raise concerns to company leadership, including the individual defendants, that SCs were engaging in activities that would require licensing. The duties performed by the SCs/HLCs required them to hold a mortgage originator license in every state in which 1 st Alliance operated.

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Anullment procedure for the EU version of the FATF Travel rule: Q&A

Money and Payments

Ok, so you may have been reading a complex thread on social media about the European travel rule for crypto companies and the impact it has on fundamental rights to privacy and freedom to provide services. And you may be wondering. What is it? What's happening. How can I contribute?

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Anullment procedure for the EU version of the FATF Travel rule: Questions and answers

Money and Payments

Ok, so you may have been reading a complex thread on social media about the European travel rule for crypto companies and the impact it has on fundamental rights to privacy and freedom to provide services. And you may be wondering. What is it? What's happening. How can I contribute?