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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. Perhaps the most notable detail about the MENA region’s developing open banking standards is their scope.

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Go-Jek = fintech?

CB Insights

Earlier this week, Bank Indonesia, the central bank of Indonesia, nominated three companies for its award for the fintech company most supportive of the “non-cash national movement of inclusion.” At risk are the region’s banks, insurers, and even local startups amid an aggressive land grab by larger players.

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Big Tech Compliance Tracker: Apple To Pay $113M Over Alleged iPhone 'Throttling'; Officials: European Commission Needs To ‘Scale Up’ Regulation

PYMNTS

Either way, California Attorney Gen. California will get $24.6 Facebook could encounter a lawsuit as the Federal Trade Commission and many states attorneys general reportedly complete a single case, or multiple cases, against the social media company.

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Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And Google To Pay News Firms 

PYMNTS

Australian Treasurer Josh Frydenberg put forward the News Media and Digital Platforms Mandatory Bargaining Code and unveiled the particulars of his roadmap for Australia to become the first nation to make online platforms pay media for news. The legislation does not specify the manner in which a payment would be handled.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

The university was granted a patent around “hallucinating facial features” — a method to help law enforcement agencies identify masked suspects by reconstructing a full face when only the periocular region of the face is captured. Social Media/Entertainment. Fighting boredom is yet another use case for facial recognition.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food. Next Level Burger (Washington, California). Holistic fast casual: Mendocino Farms (California). Pets allowed: Lazy Dog (California, Colorado). That’s not a new development.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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