PYMNTS

NOVEMBER 4, 2020

But, as Attar told PYMNTS in an interview, there is good news. Trade finance players, including corporates, banks and regulators, are finally ready to embrace modernization and technology. As a highly regulated area of financial services, trade finance has struggled to enter the digital age. The RegTech Opportunity.

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American Banker

DECEMBER 12, 2023

In this year's roundup of top banking news for 2023: Navy Federal Credit Union joins the RTP network amid ongoing military contract woes, major banks across the U.S. announce staff cuts, regulators shutter Signature Bank and more.

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PYMNTS

JANUARY 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. Microsoft , as well as its president, has been asking regulators to make legislation on artificial intelligence (AI) for months.

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PYMNTS

JULY 2, 2020

The president of the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, said the $2.1 His first public comments on a case that has captured the attention of Europe’s financial community came in an online panel discussion, the news service reported. billion went missing from two accounts in the Philippines.

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PYMNTS

JANUARY 1, 2021

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

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Bobsguide

MARCH 21, 2022

CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best About the FTF News Technology Innovation Awards.

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PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. 3), one day after Beijing debuted a set of regulations that would have forced Ant Group to re-do its business model.

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Bank Innovation

FEBRUARY 16, 2018

In a news briefing, Japan’s financial services minister Taro Aso said regulators will investigate the 15 exchanges that have […]. It’s not surprising that the Japanese government tighten its grip on cryptocurrency exchanges following a major hack a few weeks ago.

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PYMNTS

AUGUST 17, 2020

Google is challenging a proposed rule by Australian regulators that could force the global technology company to pay the country’s news outlets to distribute their content. If adopted, Silva said it would require Google to give an unfair advantage to news gatherers. In an open letter published online Monday (Aug.

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PYMNTS

MAY 22, 2020

Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources told MoneyControl.com. The report also noted Zomato’s biggest competitor is Swiggy, known as India’s No.

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PYMNTS

OCTOBER 1, 2020

News publishers and Big Tech platforms are in my ways “frenemies.” Publishers like all the traffic Google and Facebook have the power to send to news content, but they’re less delighted being beholden to the tech giants and at the mercy of their policies. Instead, the service launches this week in Brazil and Germany. publishers.

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PYMNTS

FEBRUARY 17, 2020

Breton said he’ll decide by the end of the year if he wants to adopt a set of stringent rules as a way for the EU to set out ironclad responsibilities for social media platforms and regulate them. He said any regulations should take this into account. Jourova said Facebook couldn’t simply push away any responsibility.

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PYMNTS

DECEMBER 4, 2019

In today’s payments news, the Consumer Financial Protection Bureau (CFPB) has proposed to boost the number of smaller banks and credit unions (CUs) that would not be governed by rules tied to international money transfers. Regulators Support Alternatives To Assess Creditworthiness.

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Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. Applications include analysis of regulations, news flow, earnings reports, consumer complaints, analyst ratings changes, and legal documents. Cybersecurity.

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PYMNTS

NOVEMBER 13, 2020

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. The regulators are looking more closely at transaction-based platforms, Lau said, per Bloomberg.

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PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use.

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PYMNTS

NOVEMBER 9, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Regulation. EU Gears Up To Propose New Big Tech Regulations. Australian Regulator Looks Into Merger Law Changes.

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PYMNTS

MARCH 22, 2019

With increased adoption, though, comes a need for improved regulations, and both the European Telecommunications Standards Institute (ETSI) and U.S. Congress have released rules to help regulate IoT data security. For more on these stories and other IoT news, download this month’s IoT Tracker. About the Tracker.

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PYMNTS

JULY 31, 2020

The People’s Bank of China, the nation’s central bank that regulates financial institutions, has alleged the digital payment companies have used their strong positions to crush competition, sources told the news service. Meanwhile, the two companies are asking the government to prevent a probe, the news service reported.

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PYMNTS

MAY 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. The news service reviewed the survey to be sent to the public, digital services providers and the EU member countries.

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PYMNTS

FEBRUARY 16, 2020

Facebook is something in between a newspaper and a telecommunications company, said CEO Mark Zuckerberg , and he wants it to be regulated accordingly, The Wall Street Journal reported. And in comments made last March, he said he believes more regulation is needed on social media companies.

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PYMNTS

JUNE 12, 2020

regulators. A Facebook spokesperson told CNN Business it is “prepared to show regulators that this acquisition is positive for consumers, developers, and content creators alike.”. News that the online database for users to share videos was joining Facebook came in Mid-May. Facebook is drawing scrutiny from U.K.

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PYMNTS

DECEMBER 16, 2020

Robinhood has come under the watchful eye of regulators — this time in Massachusetts. State regulators are set to file a complaint on Wednesday (Dec. 16) saying that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations.

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PYMNTS

APRIL 16, 2019

Congress has unveiled new legislation to meet the growing security concerns around IoT, by introducing a bill that mandates a continually updated list of best security practices for government-issued IoT devices. Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras.

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PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

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PYMNTS

JANUARY 18, 2022

18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. 17), Spain’s market regulator enhanced controls on crypto-related ads, saying they must include a warning that investors risk losing all their money.

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PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.

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PYMNTS

NOVEMBER 9, 2020

As other stocks rebounded at the news of a breakthrough in Pfizer and BioNTech’s joint COVID-19 vaccine, bitcoin fell sharply to nearly $14,815, according to CoinDesk. Meanwhile, New Jersey Sen. Nellie Pou introduced new cryptocurrency regulations in a bill titled “Digital Asset and Blockchain Technology act,” on Thursday, Nov.

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PYMNTS

DECEMBER 6, 2020

Britain's highly anticipated report outlining new rules to govern Big Tech will call for establishing specific rules for certain sectors of the digital economy and major players within them, the Financial Times (FT) reported. FT quoted an unnamed government spokesman saying of upcoming new regulations: "We are committed to making the U.K.

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PYMNTS

DECEMBER 28, 2020

But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. Regulation will be more of an issue for crypto companies the bigger and more ubiquitous they become, Bloomberg reported. Bitcoin has had a good year despite numerous global challenges, becoming more popular than ever.

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PYMNTS

JUNE 19, 2020

A top British financial services regulator Friday proposed new regulations that could help borrowers bracing for the end of consumer protections implemented as COVID-19 bore down on the country.

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PYMNTS

NOVEMBER 19, 2020

Former Wirecard CEO Markus Braun doesn't blame regulators or German politicians for the events that led to Wirecard's demise in a global scandal earlier this year, the Financial Times reports. I can’t understand why external regulators should be held responsible for failures here,” he said, according to the report.

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PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Eisen also made the point that the BNPL ecosphere is fairly new, and although it is growing, it still makes up less than 1 percent of the total payments economy. percent on the news.

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PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. Chinese financial regulators called Ma and his leadership team to answer questions on the eve of the company’s stock market debut.

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PYMNTS

OCTOBER 16, 2020

In August, news surfaced that five of the country’s biggest state-owned lenders saw their largest profit losses in at least 10 years, as defaulted debt has jumped amid the coronavirus. Steps include mergers and acquisitions in addition to risk notification. Its banks have been heavily impacted as loans have gone sour.

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PYMNTS

NOVEMBER 12, 2020

Built on the back of Regulation Crowdfunding under the Jumpstart Our Business Startups (JOBS) Act, Miventure operates as a funding portal to connect SMBs with unaccredited investors, a relatively new paradigm for SMBs used to turning to traditional banks or venture capitalists to back their companies.

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PYMNTS

AUGUST 29, 2017

Regulators in China are gearing up to issue new rules on digital coin offerings and could move to ban them until the new rules are put in place. Regulators in China are mulling if they should ban ICOs altogether or just until the country has more stringent regulations in place. 7 of this year. “The

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