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Facebook Threatens EU Pullout As Data Sharing Comes Under Scrutiny

PYMNTS

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. government.

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Open Banking Casts Global Net

PYMNTS

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

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Vancouver Finally Approves Uber And Lyft

PYMNTS

Uber originally tried to get into Vancouver, which is Canada’s third-largest metro area, in 2012, but the transportation regulator said the ride-hailing company would be subject to the same rules as limos, and have to charge a minimum of $75 a trip. That stopped Uber from entering. .

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US Finance Crimes Org Calls For Private Sector Innovation

PYMNTS

metro area, as well as some regional events that focus on financial services-related innovation.”. “Technology demonstrations should highlight how these innovations work and how financial institutions might use them. FinCEN expects to hold events in the Washington, D.C.

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The community banks standing by hospitality customers

Independent Banker

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7 and ADR by 6%.

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“Record breaking”: What 2017 holds for the UK payments market

NCR

The UK Payment Systems Regulator’s (PSR’s) annual Access and Governance of Payment Systems report projects that 2017 is expected to be a “record breaking year” when it comes to access to payments systems. Open banking increases access. million to £2.5

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Retail’s Small Business Crisis

PYMNTS

Brookings reports that the 100 largest metro areas in the U.S. The percentage of sales lost by those physical store franchises can be seen not only in the pretty charts and graphs that we produce and share on a regular basis but the ongoing drumbeat of the national and regional store closings for those brands that can no longer keep up.

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