TechREG
Crypto’s 2024 Corporate Election Spending Dwarfs All Other Sectors
Thursday 22nd August - 11:25 amRegulatory clarity within the United States is one of the cryptocurrency industry’s top goals. The sector ...TD Bank Puts Aside $2.6 Billion for Money Laundering Investigation
Thursday 22nd August - 10:53 amLapses in its anti-money laundering (AML) program continue to cost Toronto-Dominion Bank (TD Bank). The lender announced third-quarter ...Report: Apple Reorganizing App Store in Response to Global Regulations
Wednesday 21st August - 5:00 pmThe Apple vice president who has run the App Store since 2010, Matt Fischer, will ...AI Regulation: Regulators Call for Balance as Businesses Embrace GenAI
Wednesday 21st August - 12:21 pmAs businesses embrace generative artificial intelligence (AI), regulators and industry groups are scrambling to keep ...UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
Wednesday 21st August - 9:46 amBanks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s ...Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority
Tuesday 20th August - 7:52 pmThere used to be an old radio show that asked about the evil that lurked ...Treasury Prime Partner Marketplace Adds Kobalt Labs AI-Powered Compliance Solution
Tuesday 20th August - 12:52 pmKobalt Labs, which offers an artificial intelligence-powered copilot for risk and compliance teams, joined the ...US House Leaders Call on Regulators to Focus on AI Benefits
Friday 16th August - 2:29 pmLeaders of the House Financial Services Committee (HFSC) called on the Treasury Department to focus ...MIT Database and Google’s Assistant Debut as Regulators Eye Apps
Friday 16th August - 11:50 amFrom MIT’s artificial intelligence risk database to Google’s enhanced AI assistants, the tech world is ...EU Becomes Battleground as Epic Challenges Apple’s App Store Dominance
Friday 16th August - 11:30 amRival app stores. New mobile ecosystems — and the major players in a battle that’s ...MIT’s AI Risk Database May Prompt Business to Change Processes
Thursday 15th August - 5:08 pmMIT researchers’ new artificial intelligence risk database could prompt companies to overhaul their AI strategies, ...CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data
Thursday 15th August - 3:11 pmTelecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company ...Crypto Legislation Could Come This Year, Schumer Tells Crypto4Harris
Thursday 15th August - 8:53 amSenate Majority Leader Chuck Schumer believes crypto legislation could happen this year. Schumer made this comment Wednesday (Aug. ...US Eyes Financial AI Regulations as EU Law May Impact Healthcare Tech
Wednesday 14th August - 6:25 pmLawmakers on both sides of the Atlantic are racing to establish artificial intelligence (AI) regulations, ...This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
Wednesday 14th August - 4:55 pmBlockchain, at this point a significant industry, perpetually appears to be on the verge of ...EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
Wednesday 14th August - 3:44 pmEuropean banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A ...Solana Says Regulated Industries Are Primed for Blockchain Use Cases
Tuesday 13th August - 1:37 pmBlockchain technology, once synonymous with cryptocurrencies, is expanding into mainstream industries. The $943 billion projected market ...Credit Unions vs Big Tech: Winner Gets the Customer
Tuesday 13th August - 1:05 pmFor banks — and especially for credit unions — the battle with Big Tech for ...CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
Monday 12th August - 5:07 pmThe Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management ...Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
Friday 9th August - 2:20 pmOne of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The ...Fed Enforcements Now Focus on Instant Payments and Tokens
Friday 9th August - 11:15 amA recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers ...CFPB: Credit Repair Cloud Let Companies Collect Illegal Fees
Thursday 8th August - 5:08 pmSince 2013, Credit Repair Cloud has sold software and products to credit repair businesses. But according to the Consumer ...Apple Updates App Store Terms After Criticism From European Commission
Thursday 8th August - 3:38 pmApple is changing its Digital Markets Act compliance plan in response to the European Commission’s ...Legacy Treasury Management Systems Ill-Equipped as Markets Enter Real-Time Era
Thursday 8th August - 10:57 amWhen it comes to contemporary business operations, complexity is nearly unavoidable. The bigger a business ...UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
Thursday 8th August - 10:46 amAmazon’s partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom’s competition ...Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
Thursday 8th August - 8:33 amBanks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s ...Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
Wednesday 7th August - 6:56 pmThe joint statement and requests for information issued by several agencies late last month on ...CFPB to Crack Down on ‘Predatory’ Lending in Solar Industry
Wednesday 7th August - 5:13 pmThe Consumer Financial Protection Bureau (CFPB) released an issue spotlight and a consumer advisory about ...FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits
Wednesday 7th August - 11:52 amUninsured deposits have been in the spotlight of the regulatory gaze through the past year ...Standards May Pose a Challenge as Regulators Seek Data Interoperability
Tuesday 6th August - 7:00 amThousands of data fields, thousands of financial firms, nine regulatory agencies … the push toward ...Federal Financial Regulatory Agencies Propose Joint Data Standards
Friday 2nd August - 7:56 pmNine federal financial regulatory agencies have proposed or will propose joint data standards that would ...Paycheck-to-Paycheck Consumers More Than Twice as Likely to Use BNPL
Friday 2nd August - 5:06 pmAs shoppers look for financial tools to help them manage their budgets, those who are ...This Week in AI: From Meta’s Ads to Apple’s Mobile Makeover, Big Tech Bets Big on AI
Friday 2nd August - 12:31 pmIndustry giants are going all-in on artificial intelligence (AI), with Meta, Apple and Nvidia leading ...Report: Nvidia Faces US Antitrust Probe, Says It ‘Wins on Merit’
Friday 2nd August - 12:22 pmNvidia is reportedly the focus of a Justice Department antitrust investigation looking into whether the ...Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings
Friday 2nd August - 11:36 amThe crypto industry is an unpredictable one. For years it has been defined by giant ...Companies Assess Compliance as EU’s AI Act Takes Effect
Thursday 1st August - 12:38 pmThe European Union’s AI Act came into force Thursday (Aug. 1), establishing the world’s first ...BNPL Firms’ New Regulatory Reality Unclear as CFPB’s Commentary Period Closes
Thursday 1st August - 11:17 amThe comments are in. The battle lines have been drawn. As the regulatory landscape shifts for buy ...FTC Pledges ‘All the Tools at Its Disposal’ to Govern AI
Wednesday 31st July - 6:33 pmThe Federal Trade Commission (FTC) said it is using “all the tools at its disposal” ...Regulators Have Been Sounding the Drip Pricing Alarm for Years
Wednesday 31st July - 5:11 pmWashington, D.C., Attorney General Brian Schwalb’s new lawsuit against StubHub is just the latest occasion ...Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
Wednesday 31st July - 1:32 pmCitigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions. Those breaches led to ...Synapse Financial Credit Division Loses Lending License
Tuesday 30th July - 4:55 pmWarren Buffett once remarked that it’s when the tide goes out that you find out ...Google-Anthropic Partnership Catches Eye of UK Watchdog
Tuesday 30th July - 11:08 amGreat Britain’s competition regulator is examining Google’s partnership with artificial intelligence (AI) startup Anthropic. The Competition and Markets Authority (CMA) said ...Affirm Asks CFPB to Consider Unique Business Model of BNPL
Monday 29th July - 4:51 pmWith the Consumer Financial Protection Bureau (CFPB) winding down its commentary period for potential buy ...US Regulators Issue Joint Statement on Bank-FinTech Partnerships
Friday 26th July - 7:24 pmThree federal bank regulatory agencies said Thursday (July 25) that they are considering “additional steps” ...India’s Central Bank Fines Visa Over Payment Authentication
Friday 26th July - 4:08 pmThe Reserve Bank of India (RBI) said Friday (July 26) that it fined Visa Worldwide ...UK’s FCA Announces Proposals, Rules to Strengthen Capital Markets
Friday 26th July - 9:38 amThe United Kingdom’s Financial Conduct Authority (FCA) proposed new rules on publishing a prospectus, raising ...UK Banking Giants Accused of Breaching CMA Rules
Thursday 25th July - 3:55 pmFour major U.K. banks have been accused of violating a regulator’s competition rules. The Competition and Markets ...Report: Meta Facing EU Fine for Linking Facebook and Marketplace
Thursday 25th July - 2:55 pmMeta Platforms is reportedly facing its first antitrust fine in the European Union (EU). That fine could ...Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
Thursday 25th July - 10:14 amCoinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July ...BNPL Regulations Revived by New UK Government
Thursday 25th July - 9:22 amGreat Britain is reportedly resurrecting plans to regulate buy now, pay later (BNPL) providers. It’s happening ...EU, UK and US Unite in GenAI Concerns
Wednesday 24th July - 2:06 pmCompetition authorities from the United States, European Union and United Kingdom have joined forces to ...Spanish Competition Regulator Probes Apple App Store
Wednesday 24th July - 10:29 amSpain’s antitrust regulator has opened an investigation into Apple’s App Store. The probe, announced Wednesday (July 24) by the National Commission ...Commerce Department to Release Rules on Connected Vehicles
Tuesday 23rd July - 6:11 pmThe U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with ...FTC Investigating Companies’ Use of Personal Data to Set Prices
Tuesday 23rd July - 4:14 pmThe Federal Trade Commission (FTC) is looking to learn more about companies’ use of personal ...Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
Monday 22nd July - 3:37 pmEnforcement actions and fines from regulators — the Federal Reserve, the Office of the Comptroller ...Amazon Calls for Development of Global Rules for Responsible AI
Monday 22nd July - 2:49 pmA year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments ...International Financial Stability Board Chair: Non-Bank Vulnerabilities Threaten Financial System
Monday 22nd July - 8:31 amA top global financial watchdog says the “shadow banking” sector needs more regulation. Writing Monday (July ...Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Friday 19th July - 5:44 pmCongresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Waters, the top ...Meta’s AI Retreat May Signal EU Regulatory Minefield
Friday 19th July - 5:42 pmFacebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the ...Paytm Reports Seeing ‘Green Shoots’ in Business After Regulatory Troubles
Friday 19th July - 11:47 amPaytm reported Friday (July 19) that its operating revenue slipped again in the quarter ended ...CFPB Says Earned Wage Access Programs Are Consumer Loans
Thursday 18th July - 4:19 pmRegulators are painting several types of lending products with a broad brush, bringing an ever-widening ...BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules
Wednesday 17th July - 4:00 pmThe end of the month is speeding toward the buy now, pay later (BNPL) industry ...Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Wednesday 17th July - 2:47 pmTraditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much ...Global Regulators Race to Tame the Wild West of AI
Wednesday 17th July - 12:51 pmFrom Washington to Brussels, policymakers are scrambling to rein in artificial intelligence’s (AI) rapid advance. ...Will Supreme Court Rulings Keep Federal Regulators in Court?
Wednesday 17th July - 4:00 amWhen the U.S. Supreme Court overturned its own 40-year-old ruling in the LoperBright Enterprises v. ...UK Regulators Investigating Benefits, Risks of Digital Wallets
Monday 15th July - 3:20 pmTwo United Kingdom regulators have begun gathering information on the benefits and risks of digital ...Australian Banks Refund $19 Million to Low-Income Customers
Monday 15th July - 12:33 pmBanks in Australia are issuing $19 million in refunds to low-income customers. The move follows an ...PayPal Fined $27 Million for Contract Violations in Poland
Monday 15th July - 9:24 amA Polish regulator fined PayPal $27.3 million over allegedly “unprecedented” user agreement violations. The Office of ...FTC Warns Franchisors About Junk Fees
Friday 12th July - 5:28 pmThe Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the ...Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
Friday 12th July - 4:11 pmPrudent regulation is needed in helping to define the risks and rewards in emerging partnerships ...BaFin: Solaris SE Must Improve Controls or Face Financial Penalties
Friday 12th July - 2:40 pmGerman financial regulator BaFin said Friday (July 12) that Solaris SE faces financial penalties if it doesn’t improve ...Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
Friday 12th July - 4:01 amAs Walmart looks to hold its own against Amazon’s growing lead in retail, the company ...House Committee Votes to Aid Defense of TikTok Ban
Thursday 11th July - 8:19 pmThe U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department ...NYDFS Issues Guidance for Insurance Companies’ Use of AI
Thursday 11th July - 11:57 amInsurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department ...Amazon Warned to Improve UK Grocery Supplier Relations
Thursday 11th July - 8:54 amA British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said ...
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