investigations

HSBC To Staff: Stay Off Bank’s Social Media Accounts
HSBC To Staff: Stay Off Bank’s Social Media Accounts
September 21, 2020  |  Security & Fraud

The 233,000 worldwide employees of HSBC Holdings Plc were ordered on Monday (Sept. 21) to stay off the bank’s social media sites after a report...

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Facebook Threatens EU Pullout
Facebook Threatens EU Pullout
September 21, 2020  |  Facebook

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial...

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FinCEN Files Show Banks’ Use Of AI And Machine Learning Effective In KYC/AML
FinCEN Files Show Banks’ Use Of AI And Machine Learning Effective In KYC/AML
September 21, 2020  |  Security & Fraud

Gross negligence – or evidence of a battle waged by banks that requires new, high-tech weaponry? To that end, and as reported by BuzzFeed, documents...

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SaaS Firm NS8 CEO Resigns; Layoffs, SEC Investigation Follow
SaaS Firm NS8 CEO Resigns; Layoffs, SEC Investigation Follow
September 11, 2020  |  Personnel

NS8, a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of...

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Philippines Investigates 57 Potential Participants In Wirecard Scandal
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020  |  Security & Fraud

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the...

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European Commission Investigating Visa’s Staged Digital Wallet Fees
European Commission Investigating Visa’s Staged Digital Wallet Fees
September 09, 2020  |  VISA

Visa Inc. has acknowledged the European Commission (EC) has opened an investigation into the company’s eWallet rules. In its second-quarter filing with the Securities and...

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EU Regulators Eye Updating Antitrust Rules For eCommerce
EU Regulators Eye Updating Antitrust Rules For eCommerce
September 08, 2020  |  ANTITRUST

With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales and...

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Australian Regulator To Examine Apple, Google App Stores
Australian Regulator To Examine Apple, Google App Stores
September 08, 2020  |  Regulation

Apple and Google executives may be wondering if there’s an app for, “time to call the lawyers.” The Australian Competition and Consumer Commission (ACCC) on...

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Apple’s Regulatory Woes Mount With German Antitrust Chief’s Scrutiny
Apple’s Regulatory Woes Mount With German Antitrust Chief’s Scrutiny
September 02, 2020  |  ANTITRUST

Apple’s clash with Fortnite developer Epic Games is now drawing unwanted scrutiny by German regulators involving a key part of the tech giant’s business, its...

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