PYMNTS

SEPTEMBER 9, 2019

Microsoft President Brad Smith is concerned about how thieves are weaponizing tech, and he is berating Facebook for allowing it to fester on its network, The Washington Post reported on Sunday (Sept. Smith said social media companies should not make money from “hatemongers posting vile content” and then duck liability.

social media 189

social media Washington Tools Regulation 189

PYMNTS

APRIL 2, 2019

Facebook CEO Mark Zuckerberg’s call for regulation in the tech space on Saturday (March 30) is drawing praise: U.S. Senator Mark Warner (D-VA) said he’s “glad to see” the executive’s acknowledgment that “the era of the social media Wild West is over,” CNBC reported.

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social media Regulation Washington Company 108

PYMNTS

NOVEMBER 19, 2018

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5 percent during intraday trading Monday (Nov. consulting firm, to create opposition research on critics of the company.

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social media Report New York Washington 115

PYMNTS

AUGUST 12, 2019

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported on Monday (Aug. The social media giant was supposedly in talks with Houseparty but in the end decided the acquisition would be too risky.

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social media Video Washington New York 100

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

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social media Compliance Innovation Regulation 116

PYMNTS

SEPTEMBER 5, 2019

The social media giant has been facing a lot of scrutiny over Libra, from lawmakers and regulators all around the globe. Facebook also has four other companies it uses for lobbying, including FS Vector, a firm based in Washington. .

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Idaho cryptocurrency social media Washington 122

PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). Facebook’s Libra has not even officially rolled out, yet there are already fake outlets springing up.

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social media blockchain Washington cryptocurrency 135

South State Correspondent

MARCH 15, 2023

You did not see this kind of support during the failure of Washington Mutual, and you didn’t see it with Silvergate or Signature Bank. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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social media FDIC Branding Management 195

PYMNTS

DECEMBER 2, 2019

We’ve learned from our conversations with policymakers, regulators, academics, advocates and others that real-world use cases and tools will help drive policy discussions forward,” Facebook said in a blog post. The data portability tool also comes as the social media giant defends itself against multiple antitrust investigations in the U.S.

Tools 100

Tools Data social media Policies 100

PYMNTS

NOVEMBER 16, 2020

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.

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Maryland Taxes Online Groups 151

PYMNTS

DECEMBER 19, 2018

With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly on Wednesday (Dec. As for the lawsuit, Facebook could potentially be facing a maximum penalty of $5,000 per alleged violation, and prosecutors said 852 people in Washington, D.C.

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DC District of Columbia social media Washington 122

PYMNTS

NOVEMBER 8, 2018

In late September, a Lime scooter rider was killed on by an SUV in an accident around Washington D.C.’s Bennett gave no details about how many accidents have taken place with Lime users , but said they are “not frequent” and that customers can report such incidents via the Lime app, social media or email. Scooter Accident.

San Francisco 128

San Francisco social media San Diego Los Angeles 128

CFPB Monitor

NOVEMBER 6, 2019

The named plaintiff is a 54-year-old woman living in Washington D.C. While it is highly debatable whether the Equal Credit Opportunity Act or other fair lending laws apply to social media advertising of this nature, regulators take the position that they do, and they sometimes explore these issues in examinations.

social media 60

social media Lending Washington California 60

PYMNTS

DECEMBER 28, 2020

Facebook is turning off a number of functions in its Instagram and Messenger apps for European users after new a European Union regulation called the “ePrivacy directive” began covering messaging apps as of Dec. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”.

Compliance 148

Compliance Google Texas Apple 148

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. states are starting to implement new standards, too, with the CCPA introduced two months ago and WPA on the path to ratification in Washington.

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United States Retail Customer Experience Data 131

PYMNTS

JULY 26, 2019

The slide deck was said to have been leaked through social media by an accountant. The materials were presented to agency staff at a June event in Washington, D.C. at the World Bank.

Taxes 128

Taxes social media cryptocurrency Washington 128

PYMNTS

JUNE 3, 2019

Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the social media company over competition concerns. Facebook lost $33 billion out of its market cap and settled at $472 billion.

social media 109

social media Massachusetts Washington Google 109

PYMNTS

NOVEMBER 19, 2019

The Times said the remarks were the deputy AG’s “most significant” on the ongoing probes into the competitive practices of the companies that have reach across commerce, social media, news and advertising. And that meeting follows one last month where state and federal regulators met about their investigations into Facebook.

social media 100

social media Colorado Google Washington 100

Independent Banker

MARCH 31, 2022

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

JULY 30, 2015

IB: What do ICBA advocacy staff members do to represent community banks in Washington? Hawxhurst: ICBA’s advocacy staff works to represent the interests of community banks before a wide range of policy bodies in Washington, particularly before Congress and the federal banking agencies. Washington Policy Summit. Be Heard Website.

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Resources Tools Washington Community Bank 70

PYMNTS

MARCH 5, 2018

This week saw three very big names in retail and payments weigh in on the debate over gun control in an attempt to push the market toward regulating itself with or without government intervention. Best Taking a Stand — DICK’S, Bank of America, Kroger, BlackRock, Delta, United (etc). So, what did we learn this week?

Regulation 108

Regulation Data Regional America 108

PYMNTS

AUGUST 10, 2018

Europe’s General Data Protection Regulation (GDPR), California’s similar law , Facebook’s ongoing costs and stock price plunge in the aftermath of the Cambridge Analytica scandal — all point to a new, stricter attitude about keeping online data private. Overall, 69 percent of consumers favor GDPR-like regulations in the United States.

Online 101

Online social media Baltimore Data 101

Independent Banker

SEPTEMBER 30, 2021

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. a Washington, D.C.-based

Community 139

Community Community Bank social media Security 139

PYMNTS

SEPTEMBER 30, 2019

Local jurisdictions impose their own taxes on domestic cigar sales, with tax levels currently ranging from 0 percent in Pennsylvania and Florida to 95 percent in Minnesota and Washington state. These companies are also not allowed to advertise on digital platforms, such as social media or search engines, Rogers said.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

JUNE 12, 2019

Facebook is also being sued by the attorney general of Washington, D.C., Facebook has been against any efforts to hold Zuckerberg personally accountable as part of the settlement, the news outlet reported. Karl Racine, over the Cambridge Analytica scandal.

Washington 134

Washington Maine Data Report 134

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. Discussions can be further complicated by world events that change the way FIs, businesses and consumers interact. Sixty-three percent of U.S.

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Regulation Data US Washington 154

PYMNTS

JULY 30, 2020

Pramila Jayapal of Washington to respond to accusations that Amazon uses third-party seller data to advantage itself (a potential antitrust concern). He characterized it as a natural extension of Facebook’s global social media business and not purely as an attempt at removing a potential competitor from the marketplace. “It

Google 150

Google Rhode Island Apple Data 150

PYMNTS

JULY 1, 2019

The Internet Association , which is based in Washington and includes Google, Facebook, Microsoft and Twitter , said the rules are too broad, don’t protect privacy and will “produce a chilling effect on freedom of speech.”. So, it has to be an independent regulator, with partial government oversight,” Shepherd said. “We

Regulation 108

Regulation social media Google Washington 108

FICO

DECEMBER 20, 2022

What scammers see here is a big patchwork of payment options that offer a way to take money directly from consumers, and that change popularity with the social media tides. Scammers can hide in plain sight and use social engineering and direct outreach to consumers to coerce individuals to make instant, irrevocable payments.

Fraud 52

Fraud Payments South Carolina Compliance 52

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

PYMNTS

SEPTEMBER 21, 2020

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 .

Google 147

Google Taxes Compliance Regulation 147

PYMNTS

FEBRUARY 19, 2020

Having lagged behind on technologies like smartphones, social media and eCommerce, the European Union wants to catch up and keep EU firms from having to rely on data from U.S. Washington is against that move, saying it is parallel to protectionism. and Asian competitors.

Policies 151

Policies social media Data Washington 151

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 101

Conference Industry Community Bank Community 101

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Regulator Award. Jill Castilla, CEO of Citizens Bank of Edmond, Okla.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

APRIL 2, 2018

High-profile people called for users to delete their accounts, advertisers (and some investors) withdrew, and Washington found a rare moment of bipartisan agreement that something needs to be done to rein in Facebook’s power as a platform that connects billions and wields tremendous power as a social influencer.

Big Data 116

Big Data Data Regulation social media 116

PYMNTS

FEBRUARY 16, 2019

Some believe Apple’s idea will solve the monetization problem that has plagued online news outlets in the era of clickbait and social media-curated news content. That seems to be the question of the week, with the Cupertino-based company’s announcement that it is planning a new service that has widely been called “the Netflix of news.”

Apple 143

Apple Payments New York Mobile 143

PYMNTS

APRIL 2, 2019

From Facebook posts to The Washington Post. The big tech landscape is one that continues to be populated by regulators, by disparate voices calling for more oversight, more laws, more mandates spelling out what is private and what is not. Such regulations should not require companies to store data locally, Zuckerberg said.

Regulation 115

Regulation social media Google Washington 115