PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms.

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JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . A representative for the eCommerce retailer told Reuters that the company calls for an international approach in lieu of taxes levied by different nations. 21, according to the report. .

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AUGUST 2, 2019

Regulators’ influence over non-banks is limited, and banks are left to vet their own vendors. Bank regulations hadn’t “sufficiently modernized to accommodate cloud and other innovative technologies,” according to a U.S. Tech giant oversight is progressing despite objections from companies like Amazon, Google and Facebook.

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SEPTEMBER 12, 2018

The Internet Association, a group that represents Facebook, Amazon and Alphabet’s Google , among other technology and internet companies, said on Tuesday (Sept. that are more modern, but urged lawmakers to approach the issue nationally. 11) that it supports data privacy rules in the U.S.

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JANUARY 19, 2018

Google has inked a pact with China’s multinational investment holding conglomerate Tencent Holdings in a deal that cross-licenses a number of patents. 19th) that the deal covers “a broad range of products and technologies” in an agreement that is “long-term” in nature. TechCrunch reported Friday (Jan. That is the bottom line.

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JANUARY 25, 2019

25) that a teen can sue Six Flags amusement park over violation of an Illinois privacy law, in a case that could have repercussions for tech giants like Google and Facebook. It could potentially set a precedent and affect biometrics cases across the nation. The Supreme Court in Illinois ruled on Friday (Jan.

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SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. They argue that the OCC would oversee the new charter holders — but not as rigorously as state regulators would.

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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 for [their] own commercial activities?.?.?.?unless

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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

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. The trend is starting to appear nationally.

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PYMNTS

JULY 16, 2018

New rules may loom for technology providers pertaining to privacy — on a national level. In another nod toward privacy, Microsoft wants to see government regulation of facial recognition technology. Bloomberg reported that the top 10 regulated banks in the U.S. Facial Recognition’s Need for Legislation?

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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. Additionally, these companies can also have vehicle prototypes approved by the National Highway Traffic Safety Administration (NHTSA).

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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. a London news outlet, reported.

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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. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc., Canada, U.K.

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DECEMBER 1, 2020

However, Reuters reported that the country might pursue a plan to tax technology companies on their Indonesian income, even if international organizations such as the Organization for Economic Cooperation and Development (OECD) fail to reach an agreement on digital taxes. “Of

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FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. He sent the letter ahead of the 2020 IIF G20 Conference happening in Riyadh, Saudi Arabia this weekend, Feb.

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JULY 2, 2020

Amazon, Google, Facebook, Apple CEOs To Face Congress. 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. BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard.

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Payments Regulation Apple Google 130

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JUNE 18, 2019

Though he noted that the specifics of the project are still unknown, Roubini explained that GlobalCoin probably won’t use common blockchain technologies. She added that the digital currency must ensure “reliability and continuity,” as “technologies must be mature, including technologies of distributed registries,” according to CoinDesk.

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CB Insights

SEPTEMBER 11, 2018

Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation. Amazon and Google are taking PR hits from the President. Now Google, Amazon, Facebook, and Apple (GAFA) are fighting to maintain — or win back — our trust. .

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OCTOBER 9, 2019

9) from the Business Standard , and through Money Control , that there are compliance issues tied to data processing regulations that may keep the payment service from launching by the end of this year, as has been anticipated. Other payment platforms that are already based on UPI and on offer in India include Google Pay, PhonePe and Paytm.

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DECEMBER 14, 2016

Google’s quest for autonomous vehicle technology officially has a name — Waymo. 14), Google’s self-driving project has been moved out of the X division. The former Google project is now a standalone company that falls under the ever-widening Alphabet umbrella. Starting today (Dec.

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OCTOBER 9, 2018

While WhatsApp began testing payments in the country earlier this year with around one million users, it has delayed its formal launch partly due to a need for clarity on the part of Indian regulators as to how the data is supposed to be stored. As the report noted, this comes as other companies have sought an extension of the Oct.

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JULY 27, 2018

intelligence warning of a possible cyberattack, grocery chain SUPERVALU being acquired by UNFI, an imminent comeback for RadioShack and Google banning apps that mine crypto from user devices. intelligence officials are warning of an imminent cyberattack targeting the technology behind business supply chains. The report by the U.S.

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DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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PYMNTS

OCTOBER 30, 2017

With technology earnings in full swing, Apple, Alphabet, Amazon and Facebook all added billions of dollars in market value last week alone. CNBC noted that during the past year, the five technology leaders have added a total of close to $900 billion in market capitalization as the stocks continue to surge throughout 2017.

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DECEMBER 7, 2016

Uber is currently available in four Taiwanese cities and has been downloaded by over 1 million people in the nation of just over 23.5 Taiwan also claims that Uber misrepresents its service because it claims it operates as an internet-based technology platform instead of a transportation company. “To

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Apple Google New York Regulation 100

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NOVEMBER 2, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing global scrutiny from regulatory watchdogs, consumers and organizations. Regulation. The Digital Markets Act is a second set of regulations. UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations.

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PYMNTS

AUGUST 5, 2019

It’s the societal part that’s the most challenging,” said Mark Rosekind, a head of the National Highway Traffic Safety Administration under President Barack Obama and now the chief safety innovation officer for Zoox, an autonomous vehicle developer, in a Times interview. Societal Issues. New Timetable. The immediate goal?

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FEBRUARY 14, 2019

The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial sector is expected to continue and will disrupt the industry, according to a report. Apple Pay , especially, has been expanding at a rapid pace. It announced on Jan.

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PYMNTS

NOVEMBER 21, 2019

And a movie and a meal can now be booked through Duplex via Google Assistant. Google’s Duplex-Powered Assistant Offers Movie Ticket Purchases. A movie and a meal can now be reserved through Duplex via Google Assistant. Also, professional services company Aon has announced it will buy digital insurance platform CoverWallet.

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Payments Google Conference Online 130

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

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JUNE 19, 2018

The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to feel significant pain.

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CB Insights

JUNE 11, 2018

We’ll explore the growing number of mobility technologies that are set to transform the current transportation ecosystem. Baidu is also increasing investment in autonomous driving technology, ramping up R&D spending in 2017 and launching a $1.5B Rather than launching its own smartphone, Google focused solely on software.

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Google Industry Software Data 71

PYMNTS

SEPTEMBER 8, 2017

The company is backed by Alibaba Group and led by Johnny Chou, former Greater China president for Google. percent of the nation’s express delivery market in the first six months of 2017, reports said. Analysts say the trend is the result of tightened regulations at home, especially those impacting alternative lending startups. “An

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PYMNTS

JANUARY 7, 2019

WhatsApp Pay began testing its service in that country earlier this year with reports of roughly one million users, processing roughly one million transactions per month, according to people close to the National Payments Corporation of India (NPCI). Warby Parker Sees Hack ers. Whole Foods’ Expanding Footprint.

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PYMNTS

DECEMBER 14, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. France Hits Amazon, Google With $164 Million in Penalties for Alleged Cookie Violations. million), while Google was told to pay 100 million euros (approximately $121.5

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PYMNTS

JULY 21, 2017

Amid the things to note about fraud as it is done in European nations: Credit where it is (not) due: TSYS noted that one recent development that bears watching centers on the fact that application fraud as a percentage of overall fraudulent activity doubled between 2015 and 2016.

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