Regulation

Regulation
New Taxes Loom For Big Tech
August 26, 2019

Will Big Tech face bigger tax bills on an international stage? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Regulation
US Lawmakers Seek Tighter Regulation Of Financial Cloud Services
August 23, 2019

Democratic House Representatives Katie Porter and Nydia Velázquez have asked the Financial Stability Oversight Council (FSOC) to look into tighter oversight of Big Tech cloud services in the financial sector, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Regulation
Executive Order Looms For Social Media Firms On Content? 
August 19, 2019

A draft executive order from the White House might lay out how Big Tech firms curate and present their data. As noted last week, the draft order, which was seen and reported by CNN, would place the Federal Communications Commission (FCC) in charge of how...

Regulation
UK Investigating Facial Recognition Use In London
August 16, 2019

The data protection regulator for the U.K. has opened an investigation into the use of facial recognition technology at property developer Argent’s 67-acre estate in London. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
FinCEN Director On Why Casino Cooperation Is Central To Fighting Financial Crime 
August 14, 2019

Cooperation in an environment that is rapidly advancing on many technological fronts was the theme when FinCEN Director Kenneth A. Blanco took to the stage at the 12th Annual Las Vegas Anti-Money Laundering Conference yesterday (August 13). Get the Full Story Complete the form to...

Regulation
FTC Chief Says Breaking Up Big Tech Is On The Table
August 13, 2019

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 to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
FCA Agrees To 18-Month SCA Implementation Timeframe
August 13, 2019

The Financial Conduct Authority said Tuesday (Aug. 13) that it has agreed to a phased implementation of the Strong Customer Authentication (SCA) rules slated to start taking effect beginning next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Uber Fined $629K By Colombia For Blocking Regulators’ Access
August 12, 2019

The commerce regulator in Colombia said it will fine Uber over $629,000 because the ride-hailing firm obstructed a regulatory visit two years ago, according to Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
EU Could Hand Down Facebook Privacy Decisions By Year End
August 12, 2019

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 Journal reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...