Congress

Zuckerberg Tells Congress That Libra Fills A Global Payments Void
Zuckerberg Tells Congress That Libra Fills A Global Payments Void
October 23, 2019  |  Facebook

It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after all, for Facebook...

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FTC: Big Tech’s Data Troves Give Them Unfair Advantage
FTC: Big Tech’s Data Troves Give Them Unfair Advantage
October 18, 2019  |  ANTITRUST

The Federal Trade Commission (FTC) said the mass amounts of data collected by big technology companies, like Apple, Amazon, Facebook and Google, give them an...

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CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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Foursquare Head Wants Stricter Laws Around Location Data
Foursquare Head Wants Stricter Laws Around Location Data
October 16, 2019  |  Regulation

The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress...

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Congress Calls Uber And Lyft To Ride-Hailing Hearing
Congress Calls Uber And Lyft To Ride-Hailing Hearing
October 14, 2019  |  Ridesharing

The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and Uber asking them to...

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Congress Aims To Bring Transparency To Hotel Resort Fees
Congress Aims To Bring Transparency To Hotel Resort Fees
October 09, 2019  |  Travel Payments

You have to give digital and mobile technology some credit — over time, the complexities of travel pricing and costs (along with other parts of the...

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Congress Calls On Spotify To Name Apple Violations
Congress Calls On Spotify To Name Apple Violations
October 04, 2019  |  ANTITRUST

As part of its continuing probe into potential antitrust practices that hamper competition, the U.S. House of Representatives Judiciary Committee has asked Spotify for information...

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House To Grill Google, Amazon, Facebook On SMB Impact
House To Grill Google, Amazon, Facebook On SMB Impact
October 01, 2019  |  ANTITRUST

Big tech companies Facebook, Google and Amazon are going to be the subject of a new congressional hearing, in addition to the series of investigations...

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Congress Presses Fed On Real-Time Payments Plan
Congress Presses Fed On Real-Time Payments Plan
September 27, 2019  |  B2B Payments

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the...

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