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2 Apr 2024, 9:00 am
Big Tech and AI Director Chopra reminded the audience of big tech’s efforts to become payment processors, providing them consumer transaction data. [read post]
2 Apr 2024, 7:09 am
We are happy to assist with any queries you may have about the Draft Law amending the BDSG or other tech regulatory matters. [read post]
29 Mar 2024, 6:00 am
“More financial activity has moved outside the banking sector in recent years, and a lot of that activity isn’t under direct federal oversight. [read post]
25 Mar 2024, 3:00 am
(Cohen listed the RedFinch expense, blandly, as “tech services. [read post]
12 Mar 2024, 3:27 pm
In the tech sector, it’s more than 80%. [read post]
8 Mar 2024, 6:02 pm
Pix Credit here On 7 March 2024, President Biden delivered the 2024 State of the Union Address. [read post]
8 Mar 2024, 6:00 am
But few will think of the consumer-tech Goliath as a payments company. [read post]
6 Mar 2024, 10:09 am
It’s really impossible to overstate how bad the state of federal privacy law is in America. [read post]
6 Mar 2024, 5:59 am
The proposed deal requires shareholder approval, as well as regulatory approvals from the Federal Reserve Board, Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corp. [read post]
6 Mar 2024, 5:29 am
Tech support scams: Calls claiming virus infections or technical issues, urging remote access and payment for fake repairs. [read post]
29 Feb 2024, 7:15 pm
BANKING AND FINANCE 1. [read post]
22 Feb 2024, 3:27 pm
House of Representatives’ Committee on the Judiciary and the Select Subcommittee on the Weaponization of the Federal Government issued an interim staff report titled, The Weaponization of CISA: How a “Cybersecurity” Agency Colluded with Big Tech and “Disinformation” Partners to Censor Americans. [read post]
19 Feb 2024, 9:01 pm
For example, while noting the benefits and efficiencies of well-managed AI tools, both the Federal Reserve[7] and the Consumer Financial Protection Bureau[8]have recently warned banks and lenders about potential bias in AI that could lead to violations of fair lending, fair housing and equal opportunity laws. [read post]
16 Feb 2024, 3:00 am
National/Federal Chief Witness Against Gaetz Is Cooperating with House Ethics Investigation DNyuz – Robert Draper and Michael Schmidt (New York Times) | Published: 2/9/2024 A lawyer for the chief witness against U.S. [read post]
9 Feb 2024, 3:00 am
The hearing centered on grants the Center for Tech and Civic Life and related groups provided to state and local election offices in 2020. [read post]
2 Feb 2024, 6:00 am
Banks are lobbying for tech firms to be regulated like banks if they offer banklike services. [read post]
31 Jan 2024, 9:01 pm
If the court rules in Jarkesy’s favor on his Seventh Amendment claim, the SEC may be required to bring certain civil penalty actions for securities violations in federal court. [read post]
30 Jan 2024, 10:30 am
Access this tool for federal/state-specific guidance and the ability to compare state laws for banking and non-banking financial institutions in the areas of licensing, capital requirements, AML/CFT guidelines, recordkeeping, supervision, and enforcement authority. [read post]
29 Jan 2024, 2:19 pm
Liquidia Techs v. [read post]
26 Jan 2024, 6:00 am
It’s only available through banks so the Federal Reserve and its FedNow staff have been on a campaign, including via webinars and public communications, to encourage more banks to hook up to the system. [read post]
