Regulations news and trends

Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 

May 03, 2024
facial recognition tech in crowd
Google Asks Judge to Reject Proposed Changes to App Store
Legal // May 03, 2024

Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it nearly impossible for Google to compete,” Reuters reported Friday (May 3). A hearing on the request for...

Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
Regulation // May 03, 2024

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. This disclosure in a filing with the Securities and Exchange Commission (SEC) follows a similar statement by J.P. Morgan and comes amid scrutiny of Zelle’s peer-to-peer (P2P) payment network by both regulators and legislators,...

New UK Law Spotlights Weak Security Features in Smart Devices
Cybersecurity // May 02, 2024

Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer protection law. Considered the first of its kind globally, the rule sets a precedent in safeguarding consumers...

Europe’s AI Paradox: Slow Adoption, Big Ambitions
artificial intelligence // May 02, 2024

Despite Europe’s reputation as a tech laggard, a cadre of companies is making big bets on artificial intelligence (AI).  While the region has been slow to embrace AI in critical sectors like healthcare and government, according to a recent European Parliamentary Research Service study, these firms...

Interviews & Exclusives
Technology Turns Tax Compliance Into Growth Engine

April 23, 2024
Companies have a critical need for technology to help manage their tax obligations, Sovos CEO Kevin Akeroyd writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   During my career, I’ve had the opportunity to manage businesses through a number of difficult and challenging periods. These ranged from tough and competitive markets to talent […]

PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets

April 03, 2024
The legal dust-up between PayPal and the Consumer Financial Protection Bureau (CFPB) over digital wallets has notched a win in PayPal’s favor. As reported this week, U.S. District Judge Richard...

Rising Fraud Casts Shadow Over Voice Commerce Potential

March 29, 2024
The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field are continually expanding the possibilities...

Mobile Apps Transform Connected Homes Into Energy-Saving Havens

March 28, 2024
Amid global efforts aimed at decarbonization and energy efficiency, the demand for smarter, more environmentally conscious solutions is intensifying. The imperative extends to the traditional heating, ventilation and air conditioning...

Quick Reads
Google Asks Judge to Reject Proposed Changes to App Store

May 03, 2024
Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it nearly impossible for Google to compete,” Reuters reported Friday (May 3). A hearing on the request for an injunction is scheduled for May 23, according to the report. Epic […]

Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling

May 03, 2024
Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. This disclosure in a filing with the Securities and Exchange Commission (SEC) follows a similar statement by J.P....

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses

May 01, 2024
Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News...

Apple’s App Store and iPhone Challenges Create Services and Ecosystem Headwinds

April 29, 2024
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand...