July 28, 2022
Hackers Force a $4B Question: Can DeFi Ever Be Safe?

Yet another decentralized lending and algorithmic stablecoin protocol was hacked yesterday, with $3.5 million stolen from its treasury via what appears for now to be a one-off exploit. As a...

July 28, 2022
UK’s CMA Warns Monzo Not to Inhibit Current Account Holders...

Financial transaction records can act as important evidence when securing a loan or mortgage, and U.K. banks are legally obliged to provide this information to customers so as to not...

July 28, 2022
SMBs Struggle to Balance Global Expansion with Local Compliance

The payments landscape is constantly evolving. Companies must evolve — even scramble at times — to keep pace with changing rules and regulations that can vary wildly from market to...

July 25, 2022
Beijing Fines Didi Over Data Laws

China has fined ride-hailing group Didi Chuxing Rmb8bn ($1.18bn) and hit its founders with additional penalties over “serious” and “vile” breaches of the country’s data security laws.  The Cyberspace Administration...

July 24, 2022
Uber Admits To Data Breach Cover-Up & Enters Agreement With...

Uber admitted to covering up a 2016 data breach, during which hackers gained access to nearly 60 million user records and hundreds of thousands of drivers’ license numbers. The admission...

July 19, 2022
Didi’s Fines Could Top $1B for Data Security Breaches in...

Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to...

July 17, 2022
Amazon Offers Concessions To Head Off EU Antitrust Probes

Amazon, in its attempt to ward off two European Union antitrust investigations as part of a sustained increase in scrutiny of the internet behemoth by major jurisdictions, has promised to...

July 14, 2022
Amazon Offers Concessions In EU Antitrust Cases

Amazon, seeking to resolve two European Union antitrust investigations, has promised to treat third-party merchants on its website fairly, the bloc’s competition watchdog said Thursday. The U.S. online retail giant...

July 13, 2022
Big Data, Little Chance of Success: Why Precedent Does not...

As the digital economy has matured, “Big Data”— extremely large datasets that require sophisticated tools to analyze — has enabled extraordinary innovation, creating a number of benefits, including free products...