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Zuckerberg Talks Guidelines For How To Regulate Facebook

PYMNTS

Facebook is something in between a newspaper and a telecommunications company, said CEO Mark Zuckerberg , and he wants it to be regulated accordingly, The Wall Street Journal reported. And in comments made last March, he said he believes more regulation is needed on social media companies.

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EU Creates Social Media Working Group To Observe Data Harvesting

PYMNTS

European Union privacy watchdogs are responding to the Facebook data scandal by taking a closer look at the harvesting of personal data from social media sites for economic or political purposes. “A This is why we are creating a Social Media Working Group. President Donald Trump.

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U.K. Treasury Increasing Cryptocurrency Ad Regulations

PYMNTS

18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. 17), Spain’s market regulator enhanced controls on crypto-related ads, saying they must include a warning that investors risk losing all their money.

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Report: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

The paper said that prior to the approval of vaccines by regulators in the United States and the European Union, authorities had warned that fraudsters would use the opportunity to launch scams or sell stolen doses. In the United States, the FBI posted guidelines on its website for avoiding COVID-19 crime.

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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Would you like other articles like this in your inbox?

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

The global tech firm has teamed with payment processors Fiserv, PTS, FIS, CoreCard, Galileo, i2c, TSYS and Marqeta to give them digital guidelines that will let clients get almost instantaneous access to card information and peace of mind to make secure transactions, among other benefits. Time on Tuesday (Sept. 22) at the earliest.

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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.