PYMNTS

JULY 2, 2020

The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the tech industry, Reuters reported. Pichai testified in 2018 over charges that Google is politically biased in its treatment of content.

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PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. China has become an emerging FinTech market due to its expanding middle class, rapid digitization and electronic payments adoption.

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PYMNTS

NOVEMBER 13, 2019

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. The branding will reflect the financial institutions and not Google. “Our It may be the slightly longer path, but it’s more sustainable.”.

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PYMNTS

JUNE 9, 2019

Google is spending more than any other U.S. tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation. According to a report in CNBC citing the Center for Responsive Politics, Google spent $21.17 In 2009 Google spent $4 million on lobbying, with that increasing fivefold in 2018.

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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. The Digital Services Act is forecast to revamp content management on platforms such as Facebook and Google.

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PYMNTS

DECEMBER 18, 2019

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. s Competition and Markets Authority (CMA), which published a report on Wednesday (Dec. There is an emerging international consensus around the scope of new regulation.

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PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). Google Fine. Speaking of Google ….

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PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

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Google National Fintech Regulation 142

PYMNTS

FEBRUARY 17, 2020

Breton, who is a former CEO for French telecoms provider Orange and French technology company Atos, is also expected to deliver a set of rules in two days that will rein in the tech giants and state-aided Chinese tech companies. He said any regulations should take this into account.

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PYMNTS

JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Google Raises Specter of Making Search Inaccessible in Australia. Google Makes Deal to Pay Media Companies for Content in France.

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PYMNTS

JANUARY 28, 2019

A General Data Protection Regulation (GDPR) complaint shows that Google may have misused people’s personal data and categorized them in highly sensitive ways, according to reports. Google’s ad technology apparently labels users depending on their internet activity, noted a report in TechCrunch.

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PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. A reclassification could lead to significant changes in how the mobile payment service can operate in the country.

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PYMNTS

FEBRUARY 17, 2020

increased regulation over content delivered online through platforms may be on the horizon. This past week, Britain’s federal government said its media regulator, known as Ofcom, would be given new oversight to monitor and regulate material posted on the web by companies such as Facebook, Google and Twitter. In the U.K.,

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PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

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PYMNTS

MARCH 28, 2018

With concerns that technology companies can face more regulation, tech stocks were declining all over the globe — with the tech-heavy Nasdaq falling 2.9 markets open. That has led to concerns that more regulation of the entire tech sector is coming. and is leading to the worries about increased regulation.

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PYMNTS

OCTOBER 5, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Regulation. Firms such as Google and Amazon “shall not use data collected on the platform?.?.?.?for antitrust regulation.

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Data Google Compliance Apple 229

PYMNTS

SEPTEMBER 15, 2016

Japan’s government is pointing the finger at Apple and Google, alleging that the two tech giants are violating the country’s anti-monopoly law. As part of the economic growth strategy for the country, Prime Minister Shinzo Abe decided to focus on investment in technology innovation.

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PYMNTS

NOVEMBER 19, 2019

It seems a fair question to ask of the technology sector as 2019 draws to a close. As a group, the technology sector is on pace to notch its biggest gain in a decade. Google, at $1,314, is about 23 percent than at 2019’s dawn. Google, for example, said that its services are not favored over peers, as Reuters reported.

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PYMNTS

NOVEMBER 11, 2018

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the tech companies need to be supervised. The comments come as the big tech companies in the U.S. European banks are concerned that U.S.

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Google Regulation Apple Taxes 173

PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. India’s Antitrust Watchdog Opens Google Antitrust Case.

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PYMNTS

DECEMBER 9, 2019

Also, as big tech moves into the financial services industry, regulators call for more “vigilant monitoring” of its data use. s Competition and Markets Authority (CMA) will decide on Dec. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use. Goldman Plans to Launch Robo Advisor Next Year.

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PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. is accelerating market convergence for the Santiago Exchange. Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc., Canada, Europe and U.K.

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Payments Google Technology Taxes 178

PYMNTS

FEBRUARY 14, 2020

STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency. The company also recently teamed up with Almoayed Technologies, based in Bahrain, to promote expansion into Africa and more of the Middle East.

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PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Cohen asked. It’s unthinkable.”.

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PYMNTS

OCTOBER 16, 2017

Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor for small businesses to former President Barack Obama. It’s putting pressure on banks to rebound from lost market share, Mills told CNBC in an interview following the conference.

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Google Lending Conference Industry 100

PYMNTS

DECEMBER 12, 2016

9), Michigan became the first state in the union to pass statewide, comprehensive self-driving vehicle regulations that allow autonomous vehicles to drive … well, autonomously. On Friday of last week (Dec. As of now, only motor vehicle manufacturers can operate self-driving car networks in Michigan.

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Michigan Regulation Florida Apple 100

PYMNTS

MAY 24, 2017

Google has long claimed that the ads it shows users actually prompt them to make purchases online and in real life – and now they have the credit card data to prove it. Google, for its part, has responded to those concerns with renewed assurances of its ability to protect the personal information of its users.

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PYMNTS

SEPTEMBER 30, 2020

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. They argue that the OCC would oversee the new charter holders — but not as rigorously as state regulators would.

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PYMNTS

DECEMBER 17, 2019

In a move to prevent technology giants from having an unfair advantage, Japan is planning to increase regulations and demand transparency, Reuters reported on Tuesday (Dec. Japan’s decision aligns with the international direction of increased oversight of technology platforms. Google, Apple, Facebook Inc.

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Guidelines Apple Google Regulation 131

PYMNTS

OCTOBER 9, 2020

Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. may be entering an era of more robust regulation. Coscelli said the U.K.’s

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PYMNTS

OCTOBER 10, 2016

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Google Jumps Hard Into Hardware. Google is doing both. megapixel camera.

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PYMNTS

NOVEMBER 10, 2020

The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries. SumUp’s Dublin office is poised for growth and will become the central regulated location for the firm’s business across the EU. The FinTech also has eCurrency licenses in Lithuania and the U.K.

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Fintech Regulation Cards Google 245

PYMNTS

DECEMBER 28, 2020

Here’s the latest news from companies in the technology industry, which are coming under increasing scrutiny from officials and criticism from competitors. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”. State Attorneys General Sue Google Over ‘Exclusionary Tactics’.

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Compliance Google Texas Apple 148

PYMNTS

OCTOBER 19, 2020

Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Regulation. The new regulations would also reshape the manner in which these companies collect and harness information.

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Taxes Compliance Regulation Google 143

PYMNTS

SEPTEMBER 23, 2016

With the closing of the deal – Airbnb is under somewhat let pressure to get itself up and running on the open market as it now has a fresh new infusion of funds to invest in expansion oversees and to keep their employees happy with by giving them a chance to sell their “stock.” and Didi Chuxing Technology Co.

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Google Taxes Strategy Capital 100

PYMNTS

JANUARY 17, 2021

That regulation will apply to the testing for which American Robotics won approval. in rural settings for the purposes of: research and development and crew training, and market surveys in accordance with the operating conditions and limitations of waiver number (a prior waiver.)”. grower collaborative Growmark Inc.

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