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Report: TikTok Plans Lawsuit Over US Ban

PYMNTS

District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. 11), National Public Radio (NPR) reported, citing a source. It also alleges that the administration’s national security justification for the order is untrue. “It’s

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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

PYMNTS

Celebrities including Floyd Mayweather and DJ Khaled backed the project on social media. Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. And, the U.S.

Taxes 170
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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

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Google, Amazon, Facebook, And Apple Are Hiring To Defend Against The ‘Techlash’

CB Insights

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Now tech companies are facing a wave of “techlash” — backlash resulting from rising concerns around privacy protections, election security failures, and ethics lapses.

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2020 GonzoBanker Awards

Gonzobanker

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). John Beale , longtime CIO of City National Bank. And, by the way, without missing a beat.

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The 2018 Bling Ring’s Commerce Challenge

PYMNTS

They were dubbed by local and national media channels “The Bling Ring” given their love of stealing shiny things — mostly jewelry — from homes of famous people, like the previous holders of the title. But the downside to social media is that it’s also an excellent information channel for the dishonest.

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

CB Insights

The biometric software behind facial recognition applications can identify facial structures, contours, and expressions, making it a no-brainer for security and identification purposes. Banks are beginning to use facial recognition as secure login tools for customers using their online banking sites and apps.