Ban news and trends

FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
Security & Fraud // June 09, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. Madera...

Proposed Law Would Force Delaware Businesses To Accept Cash
Legal // March 11, 2020

A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. A bill was introduced on Tuesday (March 10) that would prohibit businesses from refusing to take cash during an in-store transaction....

India’s Supreme Court Reverses Ban On Crypto Trading
Cryptocurrency // March 05, 2020

And now, in India, get ready for the crypto deluge. Maybe. This week, the country’s Supreme Court ruled that a ban on cryptocurrency trading was unconstitutional. The ban, put in place by India’s central bank, stretches back almost two years, to April of 2018. Back...

EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
Biometrics // February 12, 2020

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Instead, it plans to leave the responsibility to member states. That decision has faced backlash from privacy advocates, who say civil liberties could be at...

Quick Reads
France To Outlaw Huawei 5G Equipment Within 8 Years

July 22, 2020
France is kicking Huawei to the curb. The Chinese technology company, one of the early entrants into the 5G era with a $600 million investment in the latest standard for cellular networks, will be out of business in France in eight years.  French authorities have informed telecom operators planning to buy Huawei’s 5G equipment that their licenses for […]

FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams

June 09, 2020
A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the...

Proposed Law Would Force Delaware Businesses To Accept Cash

March 11, 2020
A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. A bill was introduced on Tuesday...

India’s Supreme Court Reverses Ban On Crypto Trading

March 05, 2020
And now, in India, get ready for the crypto deluge. Maybe. This week, the country’s Supreme Court ruled that a ban on cryptocurrency trading was unconstitutional. The ban, put in...