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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 Social media management & compliance for financial institutions . Louis, Missouri. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. One Finovate alum added cash at year-end: . million Seed.

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Big Tech Compliance Tracker: Google Faces Questions Over Digital Ads; Australian Watchdog Says Facebook’s Proposed Ban On News Sharing Would Be Its Loss

PYMNTS

Regulations . EU Regulators Plan New Rules For Big Tech . European Union watchdogs intend to gear new regulations aimed at fighting election-related disinformation toward Big Tech firms such as Apple and Facebook as opposed to smaller tech players. India Telecom Watchdog Decides To Not Regulate OTTs .

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Facebook Chief Spends Third Day In DC Meeting Lawmakers

PYMNTS

The move comes as the social media giant is battling accusations of antitrust impropriety and a lack of proper preparation against misinformation ahead of the 2020 election. Zuckerberg met with President Donald Trump on Thursday, along with Trump son-in-law Jared Kushner and White House Social Media Director Dan Scavino.

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Tech Cos Fire Back At Senate Bill To Remove Immunity

PYMNTS

Josh Hawley of Missouri proposed a bill that would eliminate the immunity that large tech companies have from user content deemed illegal, offensive or obscene. Republican Sen. Now, tech companies and trade groups are firing back at the senator, according to a report by CNBC. That shouldn’t be a tradeoff.”.

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Facebook CEO Mark Zuckerberg Meets With Lawmakers, President

PYMNTS

Mark Warner of Virginia arranged for a dinner with the social media executive with other senators and told Fox Business Network, according to the report, “Facebook leadership realizes that failure to have federal legislation [on internet issues] is actually going to hurt them and the whole platform industry in the long run.”.

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