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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. That could prove to be “immensely complicated,” the Times reported, and likely highly expensive. “A

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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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“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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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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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%.