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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Larry Hogan vetoed the levy.

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FBI Docs Reveal ISIS Funneled Money Into US Through Fake eBay Transactions

PYMNTS

The Wall Street Journal reported news that a recently unsealed FBI affidavit shows that the alleged recipient of the funds was Mohamed Elshinawy, an American citizen arrested more than a year ago in Maryland. The suspect was part of a global network directed by a now-dead senior ISIS figure in Syria, Siful Sujan.

US 106
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Text Messages From Debt Collectors? Not in My Backyard!

CFPB Monitor

It took 44 years for the law to catch up to modern technology, but the CFPB finally did it in 2021 with Regulation F’s guidelines for FDCPA-compliant electronic communications like email and text messages. Regulation F’s call frequency limits do not apply to email, text messages, or other electronic communications.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

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Someone With Group Presents its White Label Crowdfunding Platform to Help Patient Pay Medical Bills

Fintech Labs Insights

Using our online toolkit and live coaching, patients create fundraising campaigns and broadcast those campaigns via social media and email. HQ: Frederick, Maryland. Metrics: Some With Group has raised over $3M from its founder, with modest friends and family support. First revenue in November 2014. Founded: October 2013.

Groups 12
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The community bank’s complete guide to building trust

Independent Banker

If you want to develop trust on social media, you need to be there when your customers need you.”. Use social media to build trust. Here are her tips for building trust on social media: 1. Hill rarely uses social posts to highlight bank products or services. Elizabeth Judd is a writer in Maryland.

Community 139
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Facebook Embroiled In New Data Scandal, Prompting Fresh Calls For Regulation

PYMNTS

Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. That defense didn’t do much to quell the blame being tossed the social media giant’s way. Democratic U.S.