regulations

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

(source: en.wikipedia.org)

Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
December 08, 2023  |  Google

Google has made a formal response to the European Union’s (EU) threat to break up its profitable advertising technology (ad tech) arm, calling the allegations “flawed.”...

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Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
December 08, 2023  |  Artificial Intelligence

European Union (EU) negotiators are reportedly engaged in discussions to establish the most comprehensive regulation of artificial intelligence (AI) in the western world.  After a marathon...

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...

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CFPB Finds Atlantic Union Bank Misled Customers About Fees
CFPB Finds Atlantic Union Bank Misled Customers About Fees
December 07, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into...

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UK Could Regulate Tech Giants Under Financial Umbrella
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023  |  Regulation

Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation...

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Europe’s AI Legislation Exempts Open-Source Models
Europe’s AI Legislation Exempts Open-Source Models
December 07, 2023  |  artificial intelligence

Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act...

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Why Lifecycle Management Matters When Fighting Payments Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023  |  Security & Fraud

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird...

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Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
December 06, 2023  |  Bank Regulation

In an effort to prevent bank failures, U.S. bank supervisors have reportedly increased scrutiny of lenders’ risk management practices and are taking disciplinary action.  This...

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FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
December 06, 2023  |  Acquisitions

The Federal Trade Commission (FTC) is reportedly continuing its legal battle to challenge Microsoft’s acquisition of Activision Blizzard, the maker of popular video game franchise...

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