TechREG
DOJ: Ex-Binance Head Deserves 3 Years in Prison
Wednesday 24th April - 8:22 amFederal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of ...Philippines Wants Binance Yanked From Apple and Google App Stores
Tuesday 23rd April - 11:48 amCryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange ...Technology Turns Tax Compliance Into Growth Engine
Tuesday 23rd April - 4:00 amCompanies have a critical need for technology to help manage their tax obligations, Sovos CEO ...FI Operational Resiliency Goes Proactive as UK Regulations Loom
Monday 22nd April - 2:58 pmBad things can happen to good companies. And with the news Friday (April 12) that ...EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
Friday 19th April - 4:46 pmEuropean Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early ...This Week in AI: Proposed Federal Oversight, Cybersecurity, Gaming Development
Friday 19th April - 1:56 pmThis week in artificial intelligence (AI) news, Sen. Mitt Romney’s initiative for greater federal oversight of ...The Juggling Act That Can Cost Middle-Market Firms $10 Million
Friday 19th April - 10:26 amThis week, an official with the Financial Conduct Authority (FCA), an agency tasked with overseeing ...Canada’s Federal Budget Aims to Curb Overdraft Fees
Thursday 18th April - 8:15 pmCanada’s federal budget, released this week, includes a proposal to limit the fees that banks ...Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say
Thursday 18th April - 7:30 pmSen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according ...Regulations, Innovations and AI Define This Week in Big Tech
Thursday 18th April - 4:08 pmBig Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do ...Credit Card Late Fee Cap Has Winding Path Ahead In Congress
Thursday 18th April - 3:37 pmOut of committee…and now the path is a winding one for the proposed repeal of ...House GOP Targets Shadow Bank Regulations
Thursday 18th April - 12:45 pmA top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French ...CFPB Flags Gaming Data Practices, but Younger Consumers Comfortable Sharing Data
Thursday 18th April - 12:33 pmThe Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming ...CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
Wednesday 17th April - 7:01 pmThe Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute ...Senators Unveil Bipartisan Bill Outlawing Algorithmic Stablecoins
Wednesday 17th April - 10:59 amTwo U.S. lawmakers have introduced legislation to govern the use of stablecoins. The legislation, announced Wednesday ...Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
Tuesday 16th April - 11:16 amMain Street businesses represent the backbone of both the American economy and their local communities. And ...UK Drafting AI Regulations, But Not Rushing to Introduce Them
Monday 15th April - 3:29 pmThe United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials ...UK Plans Stablecoin, Crypto Staking Legislation For Summer
Monday 15th April - 12:38 pmThe British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody. “We ...Wells Fargo Sees Brighter Days for US Consumer Spending
Friday 12th April - 2:00 pmThe opening week of first-quarter earnings season was billed as a referendum on the state ...CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
Thursday 11th April - 3:32 pmConsumer protection officials for the United States and the European Commission have met to discuss ...Proposed California Law Could Cap CU Overdraft Fees
Wednesday 10th April - 7:09 pmCalifornia state lawmakers are considering legislation that would limit the number of overdraft fees credit ...Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
Tuesday 9th April - 4:54 pmThe fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina ...Binance Is Building ‘Robust Compliance Program,’ CEO Says
Tuesday 9th April - 9:39 amBinance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC ...Meta Disputes FTC Claims That Instagram, WhatsApp Acquisitions Harmed Consumers
Friday 5th April - 4:50 pmMeta Platforms asked a judge Friday (April 5) to throw out an antitrust lawsuit filed against ...CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
Friday 5th April - 3:29 pmThe Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by ...CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
Thursday 4th April - 2:26 pmThe Consumer Financial Protection Bureau (CFPB) is monitoring video games and virtual worlds to ensure ...Singapore Licenses Crypto Platform GSR Markets
Thursday 4th April - 1:44 pmRegulators in Singapore have given a license to cryptocurrency market maker GSR Markets. As Bloomberg News noted ...PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets
Wednesday 3rd April - 11:07 amThe legal dust-up between PayPal and the Consumer Financial Protection Bureau (CFPB) over digital wallets ...Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt
Monday 1st April - 3:49 pmBanks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As ...Abandoned Grab-Delivery Hero Deal Got Attention of Singapore Regulator
Monday 1st April - 9:46 amA now-abandoned deal between two food delivery giants got the attention of Singapore’s competition watchdog. The Competition ...This Week In AI: New White House Regs, Better Chatbots, Apple AI, Smarter Pharmacies and the Battle for the Future of GenAI
Friday 29th March - 1:57 pmThis week in artificial intelligence news, the White House unveiled regulations to promote safe and ...Rising Fraud Casts Shadow Over Voice Commerce Potential
Friday 29th March - 1:38 pmThe proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is ...Walmart to Refile Forms About Proposed Vizio Acquisition Friday
Friday 29th March - 9:52 amWalmart expects to refile forms about its planned acquisition of smart television maker Vizio Friday ...Mobile Apps Transform Connected Homes Into Energy-Saving Havens
Thursday 28th March - 3:10 pmAmid global efforts aimed at decarbonization and energy efficiency, the demand for smarter, more environmentally ...FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
Thursday 28th March - 1:10 pmThe Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. The ...Report: Crypto Remains Underregulated Around Much of the World
Thursday 28th March - 11:30 amAs of last June, most of the world’s governments hadn’t begun regulating the cryptocurrency sector. That’s ...Sovos and PwC in Belgium Partner on eInvoicing, eReporting Solutions
Thursday 28th March - 10:33 amSovos, a global tax software provider, has joined forces with PwC in Belgium to streamline ...CFPB Warns Remittance Transfer Providers About Making False Claims
Wednesday 27th March - 1:52 pmThe Consumer Financial Protection Bureau (CFPB) has issued a circular warning remittance transfer providers about ...CFPB’s Credit Card Rewards Scrutiny Threatens a Perk Consumers Really Love
Wednesday 27th March - 11:37 amConsumers like credit card rewards — that’s a truism borne out by PYMNTS Intelligence research. And ...UK Warns Influencers Against Misleading Financial Promotions
Tuesday 26th March - 12:25 pmThe U.K.’s financial watchdog is warning social media influencers against making misleading financial services promotions. The Financial ...Portugal Shuts Down Worldcoin Biometric Data Collection
Tuesday 26th March - 11:09 amPortugal has reportedly put the brakes on Worldcoin’s biometric data collection efforts. As Reuters reported Tuesday (March 26), ...Ripple CEO: SEC Will Fine Company $2 Billion
Tuesday 26th March - 8:37 amFederal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials ...Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
Friday 22nd March - 7:53 pmSigue Corp. has stopped its money transmission activities after being ordered to do so by financial ...Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
Friday 22nd March - 1:10 pmMichael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), ...HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
Thursday 21st March - 6:11 pmHouse Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III ...FTC Announces April 24 Hearing on Proposed Junk Fees Rule
Thursday 21st March - 4:27 pmThe Federal Trade Commission (FTC) will hold a virtual hearing on April 24, allowing interested ...FDIC Proposes Revisions to Statement of Policy on Bank Mergers
Thursday 21st March - 3:59 pmThe Federal Deposit Insurance Corp. (FDIC) is seeking public comment on a proposal that would “update, ...Capital One to Regulators: Discover Deal Will Increase Competition
Thursday 21st March - 12:08 pmCapital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday ...Report: DOJ’s Apple Antitrust Suit Could Land Thursday
Thursday 21st March - 8:33 amThe Justice Department’s antitrust suit against Apple could reportedly arrive as soon as Thursday (March 21). That’s according to a ...Ethereum Foundation Faces Investigation by Undisclosed ‘State Authority’
Wednesday 20th March - 3:29 pmThe Ethereum Foundation, a Swiss nonprofit at the heart of the Ethereum ecosystem, is reportedly under ...Tracking Big Tech’s Responses to the EU’s DMA Gatekeeper Requirements
Wednesday 20th March - 2:13 pmUnder the EU’s Digital Market Act (DMA), which is intended to increase competition in the ...Fighting Fraud With AI: Part Man, Part Machine, All Cop
Wednesday 20th March - 4:01 amIn financial services, technological advances open new doors and new avenues for fraud. Financial crime is ...Privacy Vs. Convenience: Connected Car Data Sharing Draws Debate
Tuesday 19th March - 6:30 pmFindings from a recent New York Times report have brought to light a concerning reality for drivers: their ...ISO 20022 Migration Faces Fragmentation, Deadline Pressures as Rollout Accelerates
Tuesday 19th March - 11:28 amISO 20022 migration is increasingly top of mind for the world’s payments players. That’s because ...New Nacha Fraud Rules Highlight Utility of AI
Monday 18th March - 5:33 pmFor financial institutions and stakeholders, the twin threats of business email compromise (BEC) and credit-push ...Apple Insists It Complies With EU’s Digital Markets Act
Monday 18th March - 2:05 pmApple is defending its practices under Europe’s newly adopted Digital Markets Act (DMA). At a hearing Monday ...Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
Monday 18th March - 12:22 pmReceiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments ...California Forges Ahead With AI Rules as Federal Regulations Lag Behind
Friday 15th March - 3:32 pmCalifornia’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores ...This Week in AI: Optimism, EU Regulations and Lightweight Bots
Friday 15th March - 2:15 pmThis week in artificial intelligence (AI) news, a study examined different views on AI’s future, ...EU Presses Big Tech Companies on AI Threats
Thursday 14th March - 4:10 pmEuropean regulators want to question Big Tech firms about potential threats of generative artificial intelligence ...EC Deepens Investigation of AliExpress Compliance With Digital Services Act
Thursday 14th March - 1:15 pmThe European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of ...Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
Thursday 14th March - 11:28 amSweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay ...Former Treasury Secretary Steven Mnuchin Aims to Buy TikTok
Thursday 14th March - 10:25 amFormer Treasury secretary Steven Mnuchin is assembling a group of investors to attempt to purchase ...5 Things You Should Know About the New EU AI Regulation
Wednesday 13th March - 4:53 pmEuropean Union (EU) lawmakers on Wednesday (March 13) passed a groundbreaking law on artificial intelligence (AI), setting ...State of the Payment Scam: Banks Battling APP Fraud
Wednesday 13th March - 4:50 pmThe world’s cybercriminals all share one thing in common: they understand people can be exploited. After ...Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
Wednesday 13th March - 2:40 pmThe Consumer Financial Protection Bureau (CFPB) is overstepping its bounds when it comes to regulating ...Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
Tuesday 12th March - 2:13 pmThe recent move by Norway to enact rules ensuring consumers’ ability to pay with cash ...Apple Lets EU Users Download Apps Directly From Developers
Tuesday 12th March - 1:26 pmApple will let European users download apps directly from developers starting this spring. This announcement Tuesday (March 12) marks ...Nigeria Still Holding Binance Execs Amid Crypto Crisis
Tuesday 12th March - 9:18 amNigeria is still reportedly holding two Binance executives as it deals with a currency crisis. As The Wall ...Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
Monday 11th March - 10:43 amKlarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled ...Commonwealth Bank CEO: Apple Needs ‘More Scrutiny in Australia’
Monday 11th March - 9:39 amThe head of Australia’s Commonwealth Bank says Apple’s in-country payments operations need greater oversight. “They should be subjected to a lot ...Report: Shein to be Subjected to DSA Rules
Friday 8th March - 2:46 pmFast-fashion giant Shein is reportedly facing scrutiny under the European Union’s Digital Services Act (DSA). Shein ...US Chamber Sues CFPB to Block Credit Card Late Fee Limits
Thursday 7th March - 5:49 pmThe U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the ...CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
Thursday 7th March - 5:19 pmThe Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) ...Apple/Epic Spat Gets EU Attention as DMA Takes Effect
Thursday 7th March - 11:17 amThe European Commission wants answers about Apple’s ejection of Epic Games from its App Store. The commission (EC) has “requested further explanations” from the ...
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