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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

Regulation. The Digital Services Act will be one of the regulations, which Vestager said will revise the eCommerce Directive and will make digital services take additional responsibility for contending with “illegal content and dangerous products.”. The Digital Markets Act is a second set of regulations. and Facebook Inc.

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

Other ideas include more government action regarding competitive regulation. In comparison, small businesses selling similar products were forced to close. In Washington State, Frey said that “for every $1 it invests in a Main Street program, there is a $13 return to the public coffer” in the form of taxes and fees.

Maine 142
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Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Because he believes there should be proper protection and regulation over them. His comparison? The point: to ensure laws and regulation would not negatively impact innovation. Promoting bitcoin.

Bitcoin 100
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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

The Comparison of Risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. For some banks, the amount of gas station and convenience store loans is about equal to loans to US businesses that are owned by foreign nationals. Consider the risk above.

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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation. Plenty bad.

Retail 100
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2016: #1. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. That got regulator's attention in the form of a May 2011 Consent Order (CO). Independent Bank Corporation (Nasdaq: IBCP) #2.

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It’s Time To Reset Consumer Financial Protection

PYMNTS

A lot of the people who voted for Trump are people who got the short end of the economic stick,” according to Ira Rheingold , executive director of the National Association of Consumer Advocates. By comparison, only 34 percent of adults with household incomes of $40K–$100K had trouble getting more credit. That’s not what the CFPB does.

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