Sections
Regulation
-
698Regulators Say Crypto Asset Holders Subject To Securities Laws
U.S. financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well...
-
755Razorpay Hires Mastercard Exec In Bid To Work With RBI On Payment Regs
Bengaluru-based Razorpay would like to work with the Reserve Bank of India (RBI) on new regulations that would make it mandatory for...
-
1.1KFed Concerned Trade War Could Trigger Recession
Federal Reserve officials are worried that slowing global growth, exacerbated by the U.S.-China trade war, could sap domestic hiring and economic activity,...
-
1.2KDeep Dive: Retailers Face Mobile Authentication Challenges Under SCA
SCA may have arrived on the payments scene, but questions remain regarding its exact authentication requirements. The overarching rule is simple enough:...
-
1.3KHow EU Merchants Are Adjusting To SCA
EU merchants, PSPs, and FIs watched as the strong customer authentication (SCA) deadline passed — then went right back to asking questions...
-
3.1KCyberSource: The SCA Delay Is Both An Opportunity And A Challenge
As of Sept. 14, the legal deadline for the strong customer authentication (SCA) requirement of the Second Payment Services Directive (PSD2) came and...
-
1.1KSEC’s Moves To ‘Modernize’ ETFs Hint At Crypto Future
The U.S. Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make...
-
1.4KEU Slaps Broadcom With Interim Anti-Competitive Order
The European Union’s antitrust enforcer Margrethe Vestager is handing down an interim order to U.S. chipmaker Broadcom to halt purported anti-competitive practices,...
-
1.1KBritain Is Considering Banning Crypto-Related Derivatives
Britain is reportedly considering banning the sale of derivatives involved with cryptocurrency assets, such as bitcoin. Reuters is reporting that worldwide crypto...
-
1.1KEU Probes Libra Risks With New Questions For Facebook
The European Commission has asked Facebook and the Libra Association to respond to a series of questions on financial stability, money laundering...
-
3.1KTrending: How EU Regulators Are Complicating SCA Compliance
Strong Customer Authentication (SCA) is just weeks-old and already mired in controversy. Merchants in the European Union (EU) are still wondering exactly...
-
3.5KWhy The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems
One down, two more steps to go: That’s the situation with the federal SAFE Banking Act, which recently won approval by the...
-
1.6KIn Asia, Focus On Big Tech Regs And Taxes
Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. To that...
-
2.7KGlobal Regulatory Issues Could Delay Libra
Bertrand Perez, the managing director of the Geneva-based Libra Association, an independent organization meant to oversee Facebook’s proposed digital currency, said that...
-
1.5KUS Companies Scramble To Comply With Impending CA Privacy Law
An estimated half-million businesses will be affected when the new California Consumer Privacy Act (CCPA) comes into effect on Jan. 1, 2021,...
-
1.4KFTC Discusses Antitrust Laws In Testimony To US Senate
The Federal Trade Commission (FTC) revealed details about its recent testimony before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer...
-
3.4KPayPal’s iZettle Acquisition Draws Fine From UK Regulator
The Competition and Markets Authority (CMA) in the U.K. has levied a fine against PayPal for breaking rules regarding marketing in the...
-
2.4KCanada’s Green Party Pushes Social Media ID Verification
It wasn’t all about Facebook on the Hill. Headlines in recent days focused on Facebook CEO Mark Zuckerberg being in Washington, D.C....
-
1.5KAB5 Is Now The Law Of The Gig Land In California
In a decision that is reportedly not likely to calm an increasing debate when it comes to the nature of work or...
-
5.1KBIS Advocates Bank Oversight Of Blockchain
In finance, now comes automated, embedded supervision. Maybe. To that end, the Bank for International Settlements (BIS) said in a paper titled...
-
2.7KFor Big Tech, Antitrust Scrutiny Deepens
Now the letters fly from the U.S. Congress — with an eye on documents that show the inner workings of Big Tech. On...
-
2.7KBiometrics’ Role In SCA Compliance
Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended, the original proposed deadline approaches next...
-
1.9KDeep Dive: Biometrics And New Technologies In A Post-SCA World
SCA in its simplest form requires that customers be identified through methods that fall into at least two of three categories: knowledge,...
-
2.4KFTC Commissioner Says Fines Aren’t Enough For Big Tech
Rohit Chopra, a commissioner with the Federal Trade Commission (FTC), said that fining Big Tech companies won’t have any real effect on...
-
2.1KCEOs Ask Congress To Pass Data Privacy Law
To enable continued innovation and growth in the digital economy, the Business Roundtable is asking Congress to pass a comprehensive consumer data privacy...
-
2.5KHow SCA’s Deadline Is Impacting EU Merchants’ Authentication Approaches
The deadline to comply with SCA is Sept. 14, and European payment providers and merchants will have to either sink or swim....
-
3.3KLibra Forces Cryptocurrency Regulators To Reexamine Procedures
Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country...
-
4.3KHow Merchants Can Brace For SCA’s Looming Deadline
In only two days, banks, payment providers and merchants in the European Union will finally hit the controversial deadline for compliance with...
-
3.0KWhat’s Next For California’s Gig Economy After AB 5
About a year-and-a-half after a state Supreme Court decision that brought the issue to the forefront of legislators’ attention, the California Senate voted to...
-
1.9KFinCEN Deputy Director Talks Reform, NBFI Supervision
Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference...
-
1.7KEU Antitrust Chief Vestager Reappointed
The new European Commission (EC) has reappointed Margrethe Vestager as antitrust chief in what some are calling a surprise move, according to...
-
2.0KNo Precedent For Facebook Antitrust Investigation, Says FL AG
The Florida Attorney General Ashley Moody said the antitrust probes into Facebook don’t have any common case studies to draw from in...
-
2.9KCalifornia Senate Could Rule On Gig Economy Law This Week
As early as this week, California’s state Senate will take up a measure that could forever change the future of the gig...
-
2.1KState AGs Unveil Antitrust Probe Against Google
It was a rough day for Google, and by extension, Big Tech, amid the waves of stormy legal seas. An antitrust investigation...
-
3.7KUS Congress Discovers Alleged Flaws In Deutsche Bank Controls
U.S. congressional investigators have found possible failures in Deutsche Bank AG’s money laundering controls. Sources familiar with the matter told Reuters that...
-
1.6KState AGs To Release Details Of Google, Facebook Probe
State attorneys general led by Texas and New York are separately launching official antitrust investigations into Facebook and Google, The Wall Street Journal...
-
1.5KFacebook Seeks Clear Guidelines For Data Sharing
Facebook is asking global regulators to write new data sharing guidelines after the company was compelled to revamp its own approach to...
-
1.7KSenate Antitrust Panel Turns Attention To Big Tech Acquisitions, Competition
The Senate Judiciary Committee antitrust panel is going to meet this month to look into issues surrounding Big Tech companies like Facebook...
-
1.6KJapan Eyes Guidelines For Regulation Of Tech Firms
In Japan, the Fair Trade Commission said last week that it has draft guidelines in place that would promote tighter regulation of...
-
3.7KRegulators Taking Close Look At Payroll-Advance Apps
Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are...
-
2.5KCar Companies Call For Softer Self-Driving Regulations
As federal regulators are rewriting rules for autonomous cars, and around 90 organizations have offered up public comments about proposed regulation, according...
-
3.2KNew Taxes Loom For Big Tech
Will Big Tech face bigger tax bills on an international stage? Beyond the debates on data privacy and compliance, marquee names in...
-
2.6KUS Lawmakers Seek Tighter Regulation Of Financial Cloud Services
Democratic House Representatives Katie Porter and Nydia Velázquez have asked the Financial Stability Oversight Council (FSOC) to look into tighter oversight of...
-
2.3KExecutive Order Looms For Social Media Firms On Content?
A draft executive order from the White House might lay out how Big Tech firms curate and present their data. As noted...
-
2.4KUK Investigating Facial Recognition Use In London
The data protection regulator for the U.K. has opened an investigation into the use of facial recognition technology at property developer Argent’s...
-
4.3KFinCEN Director On Why Casino Cooperation Is Central To Fighting Financial Crime
Cooperation in an environment that is rapidly advancing on many technological fronts was the theme when FinCEN Director Kenneth A. Blanco took...
-
2.3KFTC Chief Says Breaking Up Big Tech Is On The Table
The chief of the U.S. Federal Trade Commission (FTC) said he’d he’d be willing to break up tech companies if necessary, according...
-
4.3KFCA Agrees To 18-Month SCA Implementation Timeframe
The Financial Conduct Authority said Tuesday (Aug. 13) that it has agreed to a phased implementation of the Strong Customer Authentication (SCA)...
-
1.7KUber Fined $629K By Colombia For Blocking Regulators’ Access
The commerce regulator in Colombia said it will fine Uber over $629,000 because the ride-hailing firm obstructed a regulatory visit two years...
-
2.0KEU Could Hand Down Facebook Privacy Decisions By Year End
The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street...
