Machines can serve an important role in mitigating and anticipating the threat of financial crime, but humans have their part to play as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Over the course a few days, cloud computing went from “not being an antitrust concern,” according to EU Competition Commissioner Margrethe Vestager, to a being a definite subject of questioning for some companies in this space. Moreover, a bigger regulatory headwind may be coming the...
Last Friday (April 1), in a speech at the University of Central Florida’s Inaugural FinTech Summit, Commissioner Hester M. Peirce discussed how regulators should facilitate innovation with a more flexible approach to regulation. Her main point was that regulators should approach technology with a sense...
Microsoft is facing scrutiny from regulators in the European Union over its cloud business and licensing deals, Reuters reported Friday (April 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Cashless ATMs have reportedly been used to process some $7 billion in cannabis transactions, Bloomberg reported on Friday (April 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
If U.S. Department of Justice (DOJ) Assistant Attorney General Jonathan Kanter gets his way, mergers would be examined with more scrutiny, decades of lenient antitrust enforcement would end, and competition would bloom. Get the Full Story Complete the form to unlock this article and enjoy...
The cryptocurrency industry has had a busy week following all the regulatory proposals in the United States, the United Kingdom and Europe, from tougher rules in the European Union, which require companies to hold and share more information from users, to a possible favorable new...
The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering (AML) violations in just 14 months (from January 2021 to March 2022). Recent data released by FinCEN suggests that depositary institutions and money service businesses (MSB) are increasingly reporting...
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