Perficient

SEPTEMBER 6, 2023

The regulators feel that this proposed LTD rule would: Improve the resolvability of these banking organizations in case of failure, Potentially reduce costs to the Deposit Insurance Fund, and Mitigate financial stability and contagion risks by reducing the risk of loss to uninsured depositors.

Regulation 221

Regulation DC Capital Washington 221

PYMNTS

JANUARY 29, 2021

eCommerce giants, India is considering revising its rules after allegations surfaced that Amazon and Walmart’s Flipkart devised ways to sidestep investment regulations. USIBC also asked India’s Department for Promotion of Industry and Internal Trade (DPIIT) to engage in substantive consultation with companies on eCommerce regulation.

Regulation 178

Regulation US Policies Compliance 178

Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions. Contact us today!

Industry 221

Industry Regulation Compliance Data 221

PYMNTS

MARCH 19, 2020

Banking regulators on Thursday (March 19) said they are going to give banks credit for letting lower-income Americans borrow money during the coronavirus pandemic, according to a report by Reuters. Regulators, for their part, said they want to encourage lending.

Regulation 140

Regulation Lending FDIC US 140

Bobsguide

FEBRUARY 8, 2019

The US handles almost a quarter (22.6%) of all bitcoin volumes, according to coin.dance statistics, yet regulators across the country’s 50 states have different rulings on the legality and usage of virtual currencies. Under the Supremacy Clause (Article VI, Clause 2) of the Unites States.

Regulation 156

Regulation US cryptocurrency United States 156

Accenture

SEPTEMBER 11, 2020

Government regulations? The post COVID-19 driving US consumer behavior in touchless payments appeared first on Accenture Banking Blog. In the case of touchless payments in the United States, change has mostly moved at a glacial pace—until COVID-19.

US 260

US United States Payments Regulation 260

Bank Innovation

JULY 18, 2019

The EU’s General Data Protection Regulation (GDPR), which took effect in May of last year, gives customers the right to know what data institutions keep about them, the right to demand that institutions delete personal data and the right to be forgotten. The GDPR bogeyman is now preoccupying bankers in the U.S.

Regulation 186

Regulation US Data Compliance 186

TheGuardian

FEBRUARY 20, 2024

Senator says $35bn deal merging two of the largest US credit card firms would ‘threaten financial stability’ and reduce competition Senator Elizabeth Warren has urged regulators to block Capital One’s $35bn takeover of Discover Financial, arguing that combining two of the US’s largest credit card companies would harm consumers and challenge financial (..)

Capital 102

Capital Regulation US Cards 102

PYMNTS

JUNE 17, 2019

regulators are saying cyberattacks pose the greatest risk to U.S. banks in upcoming years, but the regulation and testing processes are convoluted and complicated for institutions in both spaces to assess, according to a report by the Financial Times. Right now, different regulators look at different pieces of the same bank.

Regulation 133

Regulation US System Data 133

PYMNTS

OCTOBER 5, 2018

In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. This decline is particularly evident in the US, UK and Europe,” the company said in a release. billion through the first six months of 2018, where last year showed $18.4

Regulation 128

Regulation US United States Compliance 128

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.

Regulation 231

Regulation Bitcoin Cleveland Study 231

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

DECEMBER 21, 2020

In another clash between Booking and the EU, Booking bucked back against the EU's recent plan to regulate the site as a gatekeeper in its recent crackdown on big tech. And our government regulator wants to handcuff us,” and claimed the new rules would give more advantages to foreign competitors.

Regulation 217

Regulation Industry US Security 217

Bobsguide

OCTOBER 20, 2018

State regulators are to take a more hands-on approach to regulating and engaging with financial technology developments, according to Chris Camacho, president and CEO of the Greater Phoenix Economic Council, who was speaking as part of a panel at this year’s Money20/20. “I can’t.

Regulation 128

Regulation Phoenix US Marketing 128

PYMNTS

OCTOBER 5, 2018

. In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the bill. This decline is particularly evident in the US, UK and Europe,” the company said in a release. billion. billion through the first six months of 2018, where last year showed $18.4

Regulation 100

Regulation US United States Compliance 100

Payments Dive

JULY 8, 2019

Efforts by European regulators to provide stronger authentication could serve as a model for payments in the U.S., as multi-factor authentication is already available in mobile wallets like Apple Pay

US 370

US Security Payments Apple 370

PYMNTS

SEPTEMBER 28, 2018

In an effort to get more clarity on the regulation of digital currencies, U.S. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton.

Regulation 139

Regulation San Francisco US Bitcoin 139

The Banker

MARCH 22, 2023

While the collapse of SVB might have been predictable, what was surprising was the US regulators’ response and the precedent it sets, write Itay Goldstein and Yao Zeng.

Regulation 36

Regulation US 36

South State Correspondent

MAY 18, 2023

This month, we rolled out “Tate,” our generative AI chatbot driven by ChatGPT that was designed to increase the productivity of our employees and allow us to become familiar with large language models. Based on the scientific method, this approach enabled us to focus on the highest risks. In these sessions, you can dream.

US 195

US Training Examples Data 195

PYMNTS

DECEMBER 18, 2020

The new regulations, if adopted after a comment period, would require banks and some other institutions to obtain and report the identities of parties engaging in certain digital transactions, including payments involving what are called "unhosted wallets" – effectively secret bank accounts that hold cryptocurrency.

Bitcoin 354

Bitcoin US Regulation cryptocurrency 354

PYMNTS

JULY 5, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. In updated rules from the Financial Crimes Enforcement Network ( FinCEN ), the U.S.

US 352

US Nevada Arizona Guidelines 352

The Paypers

APRIL 29, 2024

The Pennsylvania Department of Banking and Securities has seized Republic First Bancorp and agreed to sell it to Fulton Bank.

Pennsylvania 41

Pennsylvania Regulation US Security 41

PYMNTS

MARCH 27, 2019

regulators in the wake of money laundering scandals, reported the Financial Times. regulators are looking into Swedbank’s actions. Swedbank is the subject of an inquiry by U.S. In February, Sweden and Estonia announced a joint inquiry into money laundering in the Baltics.

Regulation 122

Regulation New York US Maine 122

The Paypers

AUGUST 17, 2023

Cryptocurrency exchange Coinbase has secured regulatory approval from the National Futures Association to offer access to eligible US customers to crypto futures.

US 69

US Security Regulation cryptocurrency 69

PYMNTS

JANUARY 10, 2020

After allegations of patent infringement by Koninklijke Philips and its North American unit, regulators with the United States International Trade Commission (USITC) said they will look into wearable monitoring devices with the inclusion of those made by Garmin and Fitbit , Reuters reported.

Regulation 130

Regulation US United States Google 130

BankInovation

NOVEMBER 9, 2023

is working with US regulators and walking them through its first set of generative AI pilot projects to ensure all controls are in place, as the bank attempts to bound ahead of rivals in deploying artificial intelligence in the highly-regulated industry. JPMorgan Chase & Co.

Regulation 65

Regulation US Industry 65

PYMNTS

DECEMBER 31, 2019

According to the regulator, Booking.com asked other hotels and hostels to list the same prices on other reservation sites as it does on its own site. When LinkedIn refused to comply, it was immediately blocked; Russian legislators are looking to block Facebook and Twitter in the same manner.

Regulation 139

Regulation Apple US Software 139

PYMNTS

MARCH 9, 2020

We’ve encountered such cases before, but there was no legal regulation of the mechanism for seizing cryptocurrency,” he said, according to Cointelegraph. “I Paul Gosar of Arizona has put forward a bill that aims to associate a broad array of digital assets to the suitable regulator, Cointelegraph reported. In other news, U.S.

Bitcoin 172

Bitcoin Regulation Arizona cryptocurrency 172

PYMNTS

JANUARY 11, 2021

US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. US Trade Representative Halts Plan To Tax $1.3 China’s Internet Regulator Considers More Stringent Oversight. The regulator is looking for input from the public until Feb. commerce,” according to a press release.

Taxes 132

Taxes US Compliance social media 132

TheGuardian

MARCH 28, 2023

Lawmakers aim to determine how Silicon Valley Bank and Signature Bank failed, sparking fears of financial crisis Lawmakers grilled federal banking regulators on Tuesday over their “massive failure in supervision” during the first congressional hearing on the collapse of Silicon Valley Bank (SVB) and Signature Bank.

Regulation 66

Regulation US 66

PYMNTS

JANUARY 7, 2019

In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Separately, in India, the action toward crypto regulation seems to be … inaction. Frankly, recent market movements have not given us any reason to be concerned,” she said. In the U.S.,

Regulation 151

Regulation cryptocurrency National Capital 151

PYMNTS

SEPTEMBER 4, 2020

4) that she sees the need for more global regulation of social media and at the same time is concerned free speech is at risk. “If If regulation gets too heavy, it actually will impact freedom of speech very heavily,” former Danish Prime Minister Helle Thorning-Schmidt told CNBC’s “Squawk Box Europe.”. “I

Regulation 130

Regulation social media US Marketing 130

Banking Exchange

JANUARY 29, 2020

The SEC and other regulators levied fines on banks and other firms related to anti-money laundering breaches and non-compliance with sanctions Compliance Compliance Management Feature3 Feature AML & Fraud BSA/AML.

Regulation 78

Regulation US Compliance Fraud 78

PYMNTS

OCTOBER 19, 2020

and Europe to develop tough new regulations to take on big tech, according to a Reuters report on Monday (Oct. EU antitrust regulators in August started probing a $2.1 In the September PYMNTS big tech compliance tracker tracker, Facebook considered pulling out of the EU over regulations. Japan is teaming up with the U.S.

US 264

US social media Illinois Google 264

PYMNTS

JANUARY 19, 2018

In addition, the regulator charged, the three operators broke laws governing commodity trading. In the latest sign of regulatory action in the virtual currency realm, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against three virtual currency operators, with allegations that the trio had defrauded customers.

Operations 120

Operations Regulation US Bitcoin 120

PYMNTS

JANUARY 21, 2019

21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. It’s also one of the highest-profile regulator actions coming from GDPR which went into effect last year. Alphabet Inc.’s

Google 190

Google Regulation National Data 190

Bobsguide

JUNE 12, 2018

Early this year, in a concerted effort to clamp down on fraudulent firms operating in the cryptocurrency and blockchain market, officials at the US Securities and Exchange Commision (SEC) and the Commodity Futures Trading Commission (CFTC) teamed up. Since joining forces, the regulators have made.

Regulation 68

Regulation US cryptocurrency blockchain 68