TheGuardian

MARCH 17, 2023

Eight years ago, when the bank’s CEO, Greg Becker, personally pressed Congress to exempt SVB from post-2008 financial reform rules, he cited its “low risk profile” and role supporting “job-creating companies in the innovation economy”. Continue reading.

Regulation 75

Regulation social media Capital Innovation 75

PYMNTS

JANUARY 13, 2020

Under a revamp, the strictest measures would apply to larger social media companies, according to the newswire, citing government sources. Social media firms such as Facebook and WhatsApp would face the stricter rules, which would also require that companies remove content deemed unlawful within 24 hours. In India, Too.

Data 131

Data social media Regulation California 131

PYMNTS

SEPTEMBER 24, 2019

Bank of Japan Head Haruhiko Kuroda spoke to business leaders in Osaka about the importance of having a coordinated global plan to regulate Libra and other cryptocurrencies, Reuters reported on Tuesday (Sept. He urged policymakers to ensure that the highest level of regulation is applied to such assets.

Regulation 108

Regulation social media cryptocurrency Policies 108

Abrigo

JANUARY 4, 2023

banking regulators recently warned financial institutions that dealing with cryptocurrency exposes them to an array of risks. Social media scams: The FTC reports that half of those who have reported crypto losses since 2021 said the scam began with an ad, post, or message on social media. Stay in the know.

social media 195

social media Fraud cryptocurrency Trends 195

PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. An FTC spokeswoman declined to comment. billion global users.

social media 160

social media California Google Apple 160

PYMNTS

JUNE 20, 2019

Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To separates from the European Union. To remain a dominant player we in the U.K.

Regulation 116

Regulation social media cryptocurrency Capital 116

PYMNTS

MARCH 11, 2019

European Union Competition Commissioner Margrethe Vestager said that breaking up big tech companies like Facebook and Google should be seen as a last resort, and that the better idea might be to find a way to regulate data usage. Businesses that are built and invested in and become successful because of their innovation.”.

Regulation 116

Regulation Data social media Google 116

Bussman Advisory

MARCH 10, 2023

The post Silicon Valley Bank is shut down by regulators | Meta exploring a new social network that could compete with Twitter | WealthTech Radar 2023 appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

social media 52

social media Regulation Fintech blockchain 52

PYMNTS

NOVEMBER 24, 2020

Everyone who is doing prepaid processing today claims that they can do credit,” he said — but when you dig deeper into the requirements of a credit-processing system and associated regulations, it’s a very different product than prepaid or debit. But while some might think the mobile banking innovation trend is a U.S.-dominated

Mobile 310

Mobile social media Fintech Innovation 310

PYMNTS

FEBRUARY 5, 2020

In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions.

Google 288

Google Data Regulation social media 288

PYMNTS

OCTOBER 9, 2019

Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. Regulation might be in the future. One recent example of the intersection of social media and retail comes from Facebook-owned Instagram.

social media 118

social media Retail Tools Examples 118

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. Both banks and regulators are re-examining how exactly SCA will affect the financial ecosystem.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JANUARY 29, 2020

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. 29), and reported that total costs and expenses hit some $46.71 31, stood at 2.5

social media 142

social media cryptocurrency Examples Report 142

PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. There will be perceptual hurdles to clear, and regulators to convince. It’s a reason to work with regulators. “We

Payments 179

Payments cryptocurrency social media Regulation 179

PYMNTS

NOVEMBER 21, 2019

People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them.”. “If And in the process, they have hurt small businesses and stifled innovation.”.

social media 204

social media New York Technology Google 204

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

MAY 29, 2018

It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. technological might when it comes to social media, eCommerce and the digital world. Don’t worry, though — the Americans can give as good as they get.

social media 100

social media US Regulation United States 100

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

SEPTEMBER 11, 2019

The social media giant wants to move forward and launch Libra in June despite global questioning and hesitation. Switzerland offers a pathway for responsible financial services innovation harmonized with global financial norms and strong oversight,” Facebook’s Libra Association said in a statement to CoinTelegraph.

Payments 182

Payments social media cryptocurrency System 182

PYMNTS

JULY 9, 2019

The July 16 hearing, which will focus on “dominant platforms and innovation,” will involve policy executives, including Amazon’s Associate General Counsel Nate Sutton; Apple’s Chief Compliance Officer Kyle Andeer; Facebook’s Head of Global Policy Development Matt Perault; and Google’s Director of Economic Policy Adam Cohen, according to CNBC.

social media 109

social media Apple Policies Innovation 109

Bussman Advisory

JULY 29, 2022

The post US regulator raises concerns over Apple’s foray into short-term lending | Barclays takes stake in crypto firm Copper | Jack Ma to give up control of Ant appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

Lending 52

Lending Regulation US social media 52

Bussman Advisory

FEBRUARY 10, 2022

regulators tell banks to prepare for Russian cyberattack threat. regulators tell banks to prepare for Russian cyberattack appeared first on Bussmann Advisory AG. BlackRock planning to offer crypto trading European, U.S. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

Regulation 52

Regulation social media Fintech blockchain 52

Bussman Advisory

JUNE 30, 2022

The post Most prominent crypto hedge fund just defaulted on a $670m loan | EU agrees on crypto landmark regulation | The war for tech talents is only beginning appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

Regulation 52

Regulation social media Fintech blockchain 52

PYMNTS

SEPTEMBER 22, 2020

We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”. and other tech companies have been facing backlash from lawmakers and regulators around the globe. Google, Facebook Inc. Separately the nation’s attorneys general have been investigating Google’s business practices.

Google 213

Google Meeting Rhode Island social media 213

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

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

FEBRUARY 27, 2020

A digital coin could also minimize financial innovation in the private sector and pull money from commercial banks, in terms of deposits, especially if they pull off a low-cost digital currency. In an advanced economy, the way to deal with problems like money laundering is through oversight and government regulations , Amamiya said.

social media 160

social media cryptocurrency Conference Study 160

PYMNTS

APRIL 10, 2020

All that is starting to change, especially as more consumers turn to social media to seek support from their insurers, or even air their grievances. “So, v has yet to build out support for more innovative mobile disbursement methods, but it does have the technical capacity to do so. v , said in a recent interview with PYMNTS.

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

JUNE 6, 2019

In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters. Though regulators and banks in the U.S. Social media platform Facebook is set on further innovating WhatsApp features with a new U.K.-based

Security 162

Security social media Innovation Regional 162

Bank Innovation

SEPTEMBER 8, 2017

Chinese insurance company ZhongAn Online Property and Casualty Insurance, which boasts a customer base of 500 million people, has obtained approval to open an initial public offering (IPO) on the Hong Kong stock exchange. China’s first online-only insurance company hopes that the IPO will raise as much as $1.5 billion USD.

Company 231

Company Regulation Online social media 231

Bank Innovation

APRIL 6, 2018

Many expressed their anger at the Reserve Bank of India on social media platform under the hashtag #RBICantStopMe. India’s central bank’s decision to ban all banks and entities that come under its authority did not go well with the country’s crypto traders/investors.

social media 191

social media cryptocurrency Compliance Regulation 191

PYMNTS

JULY 15, 2019

To determine if Facebook needs a banking license to roll out Libra, Britain’s outgoing finance minister has said that regulators and not lawmakers should make the decision. He noted, according to the report, “That is an issue for the regulators.

social media 100

social media Regulation cryptocurrency Bitcoin 100

PYMNTS

FEBRUARY 14, 2020

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). He said that there had to be a balancing act — the tech should be allowed to move forward and innovate. Secretary of the Treasury Steven Mnuchin said Wednesday (Feb.

Bitcoin 141

Bitcoin NJ cryptocurrency social media 141

PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”.

Taxes 131

Taxes Google Apple social media 131

Abrigo

NOVEMBER 17, 2023

Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. The FTC further addresses the highest losses by type of fraud scheme.

Fraud 195

Fraud Training Trends Compliance 195

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 124

Google social media Regulation Course 124