Sections
Regulation
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2.7KTech Firms Push Back Against Proposed UK Content Regulations
Global tech companies like Google and Facebook have started lobbying against the U.K.’s proposed “duty of care” rules meant to prevent online...
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1.8KBig Tech Cryptos Set For Antitrust Scrutiny
Facebook’s announcement of Libra late last month has spurred greater regulatory oversight of cryptocurrencies, with a particular eye on who may be...
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4.9KTrump Pauses Addition Of New Tariffs On Chinese Products
The United States has removed certain restrictions on Huawei Technologies Co. The move comes as President Donald Trump and Chinese President Xi...
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2.2KRemoval Of Biz Regulations Could Increase US Incomes, Says White House
The Trump administration claims that its plan to roll back some federal rules will lead to an increase in Americans’ household incomes....
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2.2KCan Politicians Give The Global Sharing Economy A Boost?
Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit...
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2.0KGermany’s Regulators Could Crack Down On Internet Firms’ Crypto
The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put...
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1.7KEU Could Restrict Automated Surveillance Solutions
The European Union will be taking a closer look at proposals to restrict or ban some uses of automated surveillance tools, including...
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2.4KTrump Says America Should Be Suing Tech Companies, Not EU
U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and...
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4.6KWhat SCA Means For Europe And Beyond
With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for...
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2.0KSenate Panel Eyes Algorithms, Social Media and ‘Persuasive Technology’
Algorithms and artificial intelligence — artfully applied, but for less-than-ideal purposes? To that end, on Tuesday a U.S. Senate panel examined the...
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1.5KIllinois Passes Marijuana Legalization Bill
The governor of Illinois signed a marijuana legalization bill on Tuesday (June 25), making it the 11th state to legalize pot. In...
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3.1KG20 Finance Board: Libra Will Need To Be Watched Closely
Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra...
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3.7KHow Banks Can Compete With FinTechs Under PSD2
With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have...
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8.6KHearings Scheduled For BB&T, SunTrust Merger
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned...
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1.6KCA Governor: Regulators Could ‘Steamroll’ Big Tech
In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations....
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9.4KIn The PSD2 Age, Banks Must Think Like FinTech Firms
With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. While banks continue to open...
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6.8KEuropean Banking Authority Offers Relief On SCA, PSD2 Rules
The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that...
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4.4KBIS Report Highlights Regulator ‘Unease’ Over Libra
As tech firms such as Facebook move into the world of finance, the Bank for International Settlements (BIS) said on Sunday (June...
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1.7KFacebook To Get Senate Panel Scrutiny Over Libra Project
Libra, the global cryptocurrency effort tied to Facebook, will be the focus of a Senate panel hearing next month, Reuters reported. The...
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1.9KTech Cos Fire Back At Senate Bill To Remove Online Immunity
Republican Sen. Josh Hawley of Missouri proposed a bill that would eliminate the immunity that large tech companies have from user content deemed...
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2.1KFacebook’s Sandberg Says Regulate, Don’t Break Up Big Tech
In an appearance at the Cannes Lions International Festival of Creativity, Facebook Chief Operating Officer Sheryl Sandberg said the social media platform...
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2.8KLawmakers Call For Stricter Guidelines On NSA Data Collection
Two lawmakers want to pass an amendment that aims to stop a massive data collection program run by the National Security Agency...
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1.7KIndia Wants WhatsApp To Make Messages Traceable
India is asking messaging service WhatsApp to put a digital fingerprint on every message sent by the service, but without breaking the...
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1.9KCannabis Drinks To Be On Tap In Canada This December
A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light...
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4.9KRegulators Call For Better Bank Cybersecurity Oversight
U.S. regulators are saying cyberattacks pose the greatest risk to U.S. banks in upcoming years, but the regulation and testing processes are...
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2.1KCFPB Spotlights Director’s Six-Month Mark
This past week saw the Consumer Financial Protection Bureau (CFPB) offer up highlights of Kathleen Kraninger’s six-month tenure as director. In recounting...
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1.7KFormer FTC Chairman Seeks Balance In Big Tech Debate
In the debate between breaking up Big Tech and homing in more on privacy regulation, some observers propose seeking a balance. Former...
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4.5KFlorida Is Latest State To Pass Autonomous Car Law
Florida governor Ron DeSantis has signed a bill that allows autonomous cars to operate on the roads without requiring a human being...
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2.1KGoogle CEO Pushes Back Against Regulation Talk
Google CEO Sundar Pichai pushed back against talk of regulating tech companies, saying that the move could have unintended consequences, according to...
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4.5KWith New AML Laws, Latvia Looks To Remove Main Regulator
Latvia’s parliament has passed new regulation to bolster the fight against money laundering and terrorism financing. After a series of recent scandals,...
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2.4KDual-Agency Big Tech Antitrust Investigations Questioned
A Republican senator isn’t happy with plans by the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to divide a...
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2.2KFundamentals Trump Regulation For Facebook Shares?
The specter of increased regulation looms for the largest of tech companies. Breakups may be in the offing, as might new mandates governing...
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2.2KBig Tech Antitrust Hearings Begin With Scrutiny Of Media Industry
And so the long look at Big Tech begins. Lawmakers held the first of several hearings into the marketplace power of online...
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2.4KCommittee Hearing To Examine Big Tech’s Media Market Power
Get ready for the opening act of what may be long-running show – focused on antitrust and on Big Tech. The House...
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2.9KSenators Urge CFPB To Reconsider Debt Collection Overhaul
A group of senators is urging the Consumer Financial Protection Bureau to reconsider a recently proposed overhaul of debt collection practices that...
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8.4KThe Only Thing Missing From The Big Tech Breakup Debate: A Debate
Bashing Big Tech has become something of a sport. Regulators are circling the wagons. Policymakers are preparing to haul Big Tech execs...
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4.4KHuawei Blacklist Could Impact 5G Standards
The 5G standards body has warned that a ban on Huawei could have “a dramatic impact” on future standardization, while analysts believe...
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4.4KUS AGs Prepare Probes Into Big Tech
The Wall Street Journal is reporting that state attorneys general are preparing to launch their own investigations into big tech companies like...
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3.0KCFPB Pushes Pause On Payday Rule
The Bureau of Consumer Financial Protection (CFPB) has delayed the Aug. 19, 2019 compliance date for the mandatory underwriting provisions for its...
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2.1KFSB Says Higher Bank Capital Requirements Will Remain
Europe’s Financial Stability Board (FSB) said on Friday (June 7) that higher bank capital requirements, which were put on the books during...
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3.2KUK Tightens Rules On P2P Lenders
Crowdfunding platforms, or peer-to-peer (P2P) lenders, are going to face tougher regulations in the U.K. through the Financial Conduct Authority (FCA), according...
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3.0KWhy Big Tech’s Regulatory Reshaping Is Not So Cut And Dried
Might it be the end of an era – where the drum beats are growing louder and the song will remain anything...
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2.7KDOJ, FTC Agree Over Jurisdiction Of Facebook, Google Oversight
The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have come to an agreement over the jurisdiction of potential antitrust...
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2.3KTech Giants’ Stocks Sink Amid Regulatory Probes
Shares in some tech giant companies fell on Monday (June 3) after news of potential oversight and antitrust investigations into the companies,...
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2.3KFSB Eyes Crypto Regulation
Cryptocurrency prices have been nothing if not volatile over the span of years. Bitcoin is only the marquee name, but shows enthusiasm for...
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3.3KMarijuana Apps Banned From Google Play
Google has announced new rules for its Play store; one of the main ones is the banning of apps that help people...
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3.3KSpain’s Central Bank Calls For Deposit Insurance Scheme
The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund....
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2.6KA Year Into GDPR, Fines Total €56M
A year after the debut of Europe’s General Data Protection Regulation (GDPR), a total of €56 million ($62 million) in fines have been...
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4.3KOCC Seeks Public Comment On Innovation Pilot Program
The headlines in recent weeks tied to the Office of the Comptroller of the Currency (OCC) have centered on legal disputes over...
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3.3KGermany’s Watchdog Tells N26 To Boost AML Measures
Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. The news comes after reports in...
