The European Banking Authority, the main banking regulator in Europe, slammed Malta for “systematic” failings in the enforcement of anti-money laundering rules, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Dean Garfield of the Information Technology Industry Council — a trade group that represents Google, Microsoft and other tech companies — is calling for faster development of national privacy norms to avoid opposing state rules. Get the Full Story Complete the form to unlock this article...
The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store the data of customers only locally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K. tax authority has almost doubled the fines it hands out for money laundering rule violations in the most recent financial year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Jochen Homann, the president of Germany’s telecom regulator Bundesnetzagentur, is going after Google and Facebook, contending that their messaging and email services should face the same regulation as telecom companies in the country. Get the Full Story Complete the form to unlock this article and...
Regulators from North America, Great Britain and Asia have requested a formal exemption from the European Union’s new data privacy law that they said could potentially interfere with cross-border investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Regulators turned their collective gaze toward FinTech firms this past week. 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...
A U.S. Senate panel has voted to block an amendment that would allow banks to open accounts for marijuana businesses without being punished by federal regulators. According to Forbes, the Senate Committee on Appropriations voted 21 to 10 to table the amendment. Get the Full...
