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

PYMNTS

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. 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.

Maryland 151
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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

The duties performed by the SCs/HLCs required them to hold a mortgage originator license in every state in which 1 st Alliance operated. 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.

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CFPB Summer 2020 Highlights looks at consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending

CFPB Monitor

Violations of the FDCPA prohibitions regarding making false representations that a debt collector operates or is employed by a CRC by falsely representing or implying to consumers that that they operated or were employed by CRCs. Violations of Regulation E requirements regarding qualifying notices of EFTA errors. Fair lending.

Lending 78
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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. Where can I find the disputed requirement(s) in the EU regulation? And you may be wondering. What is it? What's happening.

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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. Where can I find this requirement in the EU regulation? And you may be wondering. What is it? What's happening.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties. The more active your customer base and “friends of the bank” are on social media, the shorter you can expect your deposit duration when sentiment turns negative.

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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Here is a fun exercise – Ask a bank product team, “How do you grow customers?” Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology. Shortcomings Of The Current Growth Mindset. The answers will be all over the board.