Regulation

Regulation
Congress Writes Second Letter To Amazon About Rekognition
November 29, 2018

Eight members of Congress wrote a letter to Amazon CEO Jeff Bezos on Thursday, reiterating its concerns about the tech giant’s facial recognition software, called Rekognition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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FTC Testifies Before Senate Subcommittee About Consumer Privacy And Data Security
November 28, 2018

The Federal Trade Commission (FTC) testified on Tuesday (Nov. 27) before the U.S. Senate Commerce Subcommittee regarding the agency’s work on consumer protection, product safety, insurance and data security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach
November 27, 2018

Uber was hit with a fine by U.K. and Dutch regulators on Tuesday (Nov. 27) for the data breach in 2016 that impacted millions of users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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US Looks For Int’l Support On Crypto-Linked Crime
November 26, 2018

The United States, through U.S. Deputy Attorney General Rod Rosenstein, is seeking to gain international support in dealing with crimes tied to digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Wells Fargo Balks At Auto Loan Scandal Compensation Remedy
November 23, 2018

Wells Fargo is trying to avoid compensating all of the 600,000 drivers affected by its auto loan scandal. 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...

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US Considers AI Regulation For Foreign Countries
November 21, 2018

A new proposal shows that the U.S. government is looking to find a way to regulate artificial intelligence (AI) so other countries can’t use the technology against it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Changes Coming To House Financial Services Committee Under New Congress
November 19, 2018

Democratic Rep. Maxine Waters reportedly wants the House Financial Services Committee to go in a new direction if she leads it, which is expected from the new Congress in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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US Bans Chinese Facial Recognition Tech
November 19, 2018

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. 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...

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SEC Charges Two Firms With ICO Violations
November 18, 2018

The U.S. Securities and Exchange Commission late last week settled charges with two companies it charged with offering digital tokens in a manner that ran afoul of rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...