PYMNTS

DECEMBER 7, 2020

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. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143

Apple Regulation Taxes Marketing 143

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Credit Decisions. Textual analysis.

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PYMNTS

SEPTEMBER 13, 2019

To enable continued innovation and growth in the digital economy, the Business Roundtable is asking Congress to pass a comprehensive consumer data privacy law that establishes a national privacy framework and strengthens protections for consumers. to come up with a national privacy law had hit a wall. companies.

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National Compliance Data Regulation 129

CFPB Monitor

AUGUST 8, 2022

Eight national trade groups have filed a petition with the CFPB that urges the Bureau to engage in rulemaking to define larger participants in the market for data aggregation services. The CFPB is currently engaged in rulemaking to implement Section 1033 of the CFPA.

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Groups Data National Marketing 78

PYMNTS

NOVEMBER 17, 2020

Many of the biggest points of friction that emerged in the spring could be solved through technology, according to Anne Miller , executive director at Project N95 , a new nonprofit described as the "National Critical Equipment Clearinghouse.". According to Miller, there are three categories of buyers in the PPE market. once again.

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PYMNTS

JUNE 14, 2017

Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too. In a new report by TMF Group, analysts aimed to understand exactly how compliance demands change in various parts of the world. There are also an “extremely high number” of tax rules.

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PYMNTS

AUGUST 14, 2019

The National Payments Corp. The review will determine if and when WhatsApp can enter the country’s crowded digital market, where it will compete with more than 80 rivals on the NPCI platform, including Google and Amazon. of India is reviewing an audit report to ensure WhatsApp complies with local rules. “We

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Compliance National Payments Trends 100

PYMNTS

DECEMBER 10, 2018

And as reported by sites such as American Banker and National Law Review , a bipartisan group of senators is working on a bill that may reform the Bank Secrecy Act, which in turn may raise the threshold for reporting currency transaction reports to $30,000, from the current levels of $10,000.

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Regulation Fintech FDIC National 172

PYMNTS

MARCH 9, 2020

The group, which represents brands including Clorox and Colgate-Palmolive, among others, wants the Justice Department to stop merchants from heavily increasing prices on key coronavirus prevention supplies, such as masks and hand sanitizer, CNBC reported.

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PYMNTS

AUGUST 19, 2019

The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug. Big banks defended their use of auditors as consultants, which led to allegations of conflicts of interest.

Regulation 109

Regulation Groups Report National 109

PYMNTS

AUGUST 29, 2017

As Australian regulators continue to press the nation’s largest banks for fairer small business lending practices, a new small- to medium-sized businesses (SMB) lending platform is headed for the market. Australian Finance Group said Monday (Aug.

Groups 109

Groups Lending Training Regulation 109

PYMNTS

JULY 21, 2019

The long-running proposed $26 billion T-Mobile-Sprint merger is close to getting a go-ahead from federal regulators. . In June, a group of U.S. wireless market would be dominated by three national players, putting the new company second to Verizon and ahead of AT&T. . billion annually.

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Mobile Regulation New York National 148

PYMNTS

OCTOBER 1, 2018

A top infrastructure lender in India is now being questioned by regulators over its $12.6 Reports in Bloomberg said Infrastructure Leasing & Financial Services (IL&FS) Group, a top financier of infrastructure projects, now faces a special audit from the Reserve Bank of India (RBI) after an August default shook the markets.

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Marketing Regulation Leadership Groups 108

PYMNTS

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.

Regulation 349

Regulation National System Industry 349

PYMNTS

JANUARY 25, 2021

In other news, in an attack on Indian cryptocurrency exchange BuyUCoin , hacker group ShinyHunters leaked the private information of over 325,000 users, Inc42 reported. In a financial crisis, cryptocurrencies are more likely to be dumped by investors during a market meltdown, as occurred at the start of the pandemic in March 2020.”.

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Bitcoin cryptocurrency Data National 261

PYMNTS

SEPTEMBER 23, 2020

Plus, the State Administration for Market Regulation in China has fined Luckin Coffee and other firms. The idea of a digital token has been touted by a number of nations and firms lately. Chinese Regulator Fines Luckin, 43 Other Companies In Fraud Case. The regulator said on Tuesday (Sept.

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Cards Google Regulation cryptocurrency 214

PYMNTS

FEBRUARY 9, 2018

The world’s first ICO regulations are coming, care of Gibraltar. The rapid global proliferation of initial coin offerings has become an issue of mounting concern among regulators and central banks around the world – in particular, the growth of ICOs has fueled massive growth in the cryptocurrency market in general.

Regulation 106

Regulation cryptocurrency United States Security 106

PYMNTS

DECEMBER 13, 2018

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback.

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Regulation South Dakota ATM New York City 135

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. The junk market, so to speak, is worth as much as $2.3 Bloomberg reported that the top 10 regulated banks in the U.S.

National 100

National California Regulation United States 100

Bobsguide

MAY 29, 2019

Payments markets are changing drastically, forced by the hand of national and regional regulators as well as a technological advances driving at an incredible pace. Here, bobsguide speaks with Mohammed Kateeb, group chairman and. Banks and other financial institutions are sitting up to take note.

Regional 160

Regional National Fintech Regulation 160

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. Other ideas include more government action regarding competitive regulation.

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Maine Groups San Francisco Lending 142

PYMNTS

FEBRUARY 19, 2019

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. Reports said Powell noted that looser community bank regulations may help keep branches open.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

AUGUST 28, 2020

seeks to reinstate its license to provide ride-hailing services in London after a suspension, the city’s transportation regulator will leave the decision up to a judge. Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market.

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Operations Regulation Groups Data 154

PYMNTS

SEPTEMBER 28, 2020

28), ending a 10-month fight between the ride-hailing company and regulators, The Wall Street Journal reported. Shortly after entering the London market, Uber first lost its license in 2017 when the Transport for London (TfL), the city’s transportation watchdog, accused the company of safety and regulatory shortfalls. .

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Regulation Groups Data Operations 150

PYMNTS

JULY 17, 2018

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

Hawaii 100

Hawaii Marketing Report Texas 100

PYMNTS

JANUARY 7, 2021

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Ant Plans Credit Unit Overhaul to Avoid Sharp Drop in Loans.

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Survey Payments Groups Data 172

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. The updated regulations are slated to take effect Oct.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

MAY 22, 2020

The think tank’s founding members encompass financiers, policymakers, regulators and technologists in addition to select firms such as Cypherium. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

Regional 161

Regional Bitcoin cryptocurrency National 161

PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

Washington 101

Washington Regulation Conference Fintech 101

South State Correspondent

APRIL 10, 2023

Fair value accounting measures assets and liabilities at current market value instead of historical or amortized value. Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios.

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Community Bank Community Security Capital 195

PYMNTS

DECEMBER 2, 2019

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. The data obtained by FT shows that Chinese tech firms are striving to expand markets for the latest facial recognition technology while advancing a global standard.

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National Technology Resources America 144

PYMNTS

OCTOBER 19, 2020

Regulation. Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. The new regulations would also reshape the manner in which these companies collect and harness information.

Taxes 143

Taxes Compliance Regulation Google 143

Jeff For Banks

AUGUST 2, 2014

My firm will occasionally provide feedback on correspondence to our clients'' regulators. I thought about what we should have said to the regulator, versus the sweet words I was encouraging our client to use. Below is a sample letter to your regulator, saying it like you mean it. Warm Regards, Schmidlap National Bank.

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PYMNTS

NOVEMBER 12, 2018

According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. And Venezuela is trying to lure the world’s oil markets to start using its national cryptocurrency, the petro.

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Marketing cryptocurrency social media blockchain 179

PYMNTS

AUGUST 29, 2016

In conjunction with the DoJ, the RMBS Working Group has negotiated billions upon billions of dollars in settlements with the biggest banks in America. These groups engage in voter registration, community organizing and lobbying. million to the National Urban League and $1.5 Highlight deals include a $3.2 No one objects.

Groups 100

Groups America Community National 100

PYMNTS

APRIL 14, 2020

Gig workers’ rights and benefits — including healthcare and access to unemployment — have become key topics debated by regulators in th e United States as they work to figure out how to provide support. and other countries is the way consumers and regulators th ink about it. How The Pandemic Is Impacting Business Regulations.

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Regulation Examples United States National 285

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. The services are not currently registered as distinct entities, although they are provided to users in the nation.

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social media Data Apple Compliance 152