Regulation

Regulation
Senators Demand That Big Tech Releases Encrypted Data To Law Enforcement
December 11, 2019

U.S. senators went head to head with executives of Apple and Facebook on Tuesday (Dec. 10) over the companies’ decision to use encryption technology, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
India Bill Aims To Tighten Regulations For Tech Data Collection
December 10, 2019

India has proposed new rules regarding how technology companies use data, and the proposal is similar to Europe’s GDPR regulation, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Personal Data Protection Bill Makes Headway In India
December 10, 2019

In India, the Personal Data Protection Bill is making headway. 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 this...

Regulation
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant monitoring” of Big Tech’s move into financial services. Firms like Google, Alibaba and Facebook could be forced to share data...

Regulation
Regulators Support Alternatives To Assess Creditworthiness
December 04, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. 3).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
New Regulations Prompt Airbnb To Yank Boston Listings
December 03, 2019

Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Trump Administration Mulled Excluding Huawei From US FIs
December 03, 2019

The Trump administration thought about removing China’s Huawei from the U.S. financial network earlier this year, Reuters exclusively reported on Tuesday (Dec. 3), citing three sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Lawmakers Eye Increased Libra Oversight
December 02, 2019

Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
New Digital Taxes Loom On Tech Firms In Europe
November 25, 2019

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports, be levied on revenues tied to Czech users across advertising, digital marketplaces...