Sections
Regulation
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948DOJ Claims Live Nation Violated Terms Of Ticketmaster Merger
With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up...
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1.2KFCC Votes To Move Connected Car Safety Features To Broadband
The U.S. Federal Communications Commission (FCC) could allow mobile devices to command the airwaves that have been used by carmakers for vehicle...
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1.4KSenators Demand That Big Tech Releases Encrypted Data To Law Enforcement
U.S. senators went head to head with executives of Apple and Facebook on Tuesday (Dec. 10) over the companies’ decision to use...
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1.6KIndia Bill Aims To Tighten Regulations For Tech Data Collection
India has proposed new rules regarding how technology companies use data, and the proposal is similar to Europe’s GDPR regulation, according to...
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1.2KPersonal Data Protection Bill Makes Headway In India
In India, the Personal Data Protection Bill is making headway. The legislation, which seeks to protect sensitive data, has gotten approval from...
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4.6KRegulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there...
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3.9KRegulators Support Alternatives To Assess Creditworthiness
Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported...
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2.4KNew Regulations Prompt Airbnb To Yank Boston Listings
Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report...
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1.4KTrump Administration Mulled Excluding Huawei From US FIs
The Trump administration thought about removing China’s Huawei from the U.S. financial network earlier this year, Reuters exclusively reported on Tuesday (Dec....
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1.4KLawmakers Eye Increased Libra Oversight
Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass....
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2.1KNew Digital Taxes Loom On Tech Firms In Europe
Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent...
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2.1KLawmakers Question Airbnb On Non-Compliant Listings
Airbnb is facing questions from U.S. lawmakers who want information about hosts who go against the company’s policies and don’t comply with local...
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1.9KRegulators Green Light BB&T, SunTrust Merger To Form Truist
BB&T and SunTrust have announced that they have received regulatory approval to complete their merger to become Truist Financial Corporation. The merger...
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1.8KDOJ Seeks To End Ban Of Hollywood Studios Buying Theaters
The U.S. Department of Justice (DOJ) will request the end of a ban that prohibits Hollywood studios from owning movie theaters. The...
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1.8KDOJ Big Tech Probe Could Expand Beyond Antitrust
To potentially challenge companies such as Facebook and Google on multiple fronts, the Department of Justice (DOJ) could go beyond looking into...
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2.8KFinCEN Head Warns AML Crypto Rules Will Be Strictly Enforced
Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco said on Friday (Nov. 15) that anti-money laundering (AML) laws will be strictly...
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6.3KHow To Make Online Sports Gaming A Sure Bet For Payments, State Governments
Damon Runyon — the American author who created characters like Sky Masterson, immortalized in “Guys and Dolls,” and enamored with rolling the dice...
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1.3KColombia Watchdog Investigates Rappi Delivery App For Noncompliance
On-demand delivery app Rappi is under investigation again in Colombia, accused of failing to comply with regulatory orders to improve its customer...
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3.3KGermany Urges EU To Crack Down On Big Tech Platforms
Germany’s Federal Minister for Economic Affairs Peter Altmaier wrote a letter to European Commissioner for Competition Margrethe Vestager, and asked for tighter...
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1.9KMicrosoft Is ‘Strong Supporter’ Of California Consumer Privacy Act
Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. 1. The...
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2.2KApple Pay Competition Practices Eyed By EU Regulators
Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing...
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1.8KDeep Dive: Balancing SCA Compliance And Customer Satisfaction
Strong Customer Authentication (SCA) was designed to improve authentication standards across Europe, and enable money to move quickly, while reassuring all parties...
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4.8KEU’s Vestager Objects To Big Data Acquisitions After Google’s Fitbit Deal
European Union antitrust chief Margrethe Vestager has concerns about Google’s recent acquisition of Fitbit, as well as continued competition issues over how...
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4.4KBank Of England Tells HSBC To Tighten Fraud, Staff Compliance
The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, according to a...
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2.3KSCA Awareness Issues Persist Among EU Merchants, Consumers
Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second...
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2.0KBarclaycard On Keeping Transactions Frictionless Under SCA
Strong Customer Authentication (SCA) is imperative to improving payment security — if EU regulators and financial institutions (FIs) could only agree on...
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1.7KJersey City Votes To Tighten Short-Term Rental Regs
Airbnb suffered a blow on Tuesday (Nov. 5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision...
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4.2KWhy Barclaycard Says Consumers Are Key To SCA Success
As Strong Customer Authentication (SCA) becomes fully implemented, the merchants, banks and third-party payment services within the European Union (EU) are still...
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3.1KLawmakers Push For New Agency Focused On Big Tech Regulation
Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. If passed,...
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2.1KSoftBank Tightens Startup Regs After WeWork’s Washout
SoftBank is looking to develop stricter regulations for startups in the wake of the near collapse of WeWork. Sources have said the...
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2.5KUK Election Puts Big Tech Digital Tax On Hold
A silver lining looms for Big Tech in the chaos that is Brexit. As noted by Bloomberg last week, the December elections...
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7.6KCongress Wants Digital Platforms To Release Their Algorithms – Why?
U.S. lawmakers proposed new legislation last week that would require internet platforms to more or less lay bare the intellectual property that...
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2.7KNew Laws To Require LLCs To Disclose Owners’ Names
Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. Last month,...
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2.2KProposed Law Calls For Search Engine Transparency
Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as...
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2.3KChinese Regulators Move To Shutter P2P Lenders
Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on...
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1.7KEU Antitrust Chief Could Require Big Tech To Prove User Benefits
The EU Antitrust Chief Margrethe Vestager said she is considering holding large tech companies to a higher standard of proof when it...
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3.4KHSBC Says China Should Loosen Regs For Global FIs
HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses...
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2.2KInvestment Banks Want Better Standards For Clearing Houses
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers...
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2.8KKenyan Govt. Seeks Regulation Of ‘Exploitative’ Mobile Lenders
The Kenyan National Assembly is considering a law that would make mobile lenders in the country subject to central bank oversight, which...
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1.8KSnap Says It Is No Longer Subjected To DOJ Probe
Snap, the parent company of Snapchat, said the Department of Justice and the Securities and Exchange Commission are no longer investigating it. ...
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2.0KProposed Social Media Law Would Let Data Flow Among Platforms
A proposed law created to increase competition in the tech sector would allow users to move their data between social media platforms....
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1.6KSen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations...
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2.0KAre SCA Delays A Blessing Or A Curse?
This week, the European Banking Authority (EBA) extended the deadline for Strong Customer Authentication (SCA) to Dec. 31, 2020. The news follows...
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1.6KIndia Considers Censoring Netflix, Amazon Streaming Platforms
India is considering censoring streaming platforms like Netflix and Amazon Prime Video, Reuters reported on Thursday (Oct. 17). An anonymous senior government...
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2.0KHow New Authentication And Privacy Regulations Affect Retail
How are European Union (EU) merchants and payment providers faring one month post-strong customer authentication (SCA) implementation? According to a study by...
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1.3KT-Mobile, Sprint Merger Wins FCC Approval
The merger between T-Mobile and Sprint has officially received enough votes to win approval by the Federal Communications Commission (FCC). Although Democrats...
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1.6KFoursquare Head Wants Stricter Laws Around Location Data
The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s...
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2.7KRegulators 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...
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4.0KRazorpay Hires Mastercard Exec 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...
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1.9KFed 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,...
