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

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. Larry Hogan vetoed the levy.

Maryland 151
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Walmart Officially Sorry It Can’t Tell Massachusetts From Maryland

PYMNTS

In Walmart’s defense, it was specifically selling the promotion of the University of Maryland’s mascot , not the school itself … where one could presumably learn the basics of U.S. We understand the pride Marylanders feel for the Terps and apologize for the mistake.”

Maryland 100
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Maryland federal court dismisses putative class action alleged age-related discrimination by landlords based on targeted Facebook advertisements

CFPB Monitor

A Maryland federal district court has dismissed a putative class action lawsuit filed against nine companies that manage apartment buildings in the Washington, D.C. area. This is a significant decision, to us, for a couple of reasons. But, secondarily, we wonder whether it will serve as a barrier to regulatory actions as well.

Maryland 148
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ZeroFOX Notches $74M To Tackle Cyberattacks

PYMNTS

With the new funding, the Baltimore, Maryland startup has raised over $150 million. . The Clark School study at the University of Maryland estimates that 43 percent of fraudsters hit small businesses. The new capital will help ZeroFOX advance its artificial intelligence (AI) and machine learning capabilities.

Baltimore 130
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Capitalize on social payments

Independent Banker

Even after some slow starts from products like Facebook’s Libra, social payments, which constitute any transaction that occurs on a big tech or social platform, have taken hold. These findings point to security as a key differentiator for community banks in the realm of social payments.

Capital 94
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10 Twitter accounts every accountant should follow

Abrigo

Information overload seems to be an occupational hazard for anyone spending time on the internet these days, particularly on social media channels. 7) @Tomhood - As the CEO of both the Business Learnings Institute and the Maryland Association of CPAs, it’s safe to say that Tom Hood keeps busy.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Separately, a federal grand jury has indicted a Maryland woman for allegedly bilking a Newark, Delaware medical practice of more than $320,000 through the use of a corporate credit card.

Fraud 180