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Consumers typically make an initial payment and sign an agreement automatically enrolling them in a 12-month (or some other period) payment plan with regular recurring charges, which are automatically debited from the consumer’s bank account. [read post]
24 Apr 2020, 9:10 am by Steven O. Weise and Stephanie Kapinos
The most recent example of this is that the Federal Reserve Bank of New York announced that it will now accept certain documents with electronic signatures in specified circumstances. [read post]
24 Apr 2020, 7:42 am by Rachel Bercovitz
The CFAA provides for criminal and civil liability for unauthorized access or damage to a “protected computer,” which includes federal computers, bank computers and computers connected to the internet. [read post]
23 Apr 2020, 9:33 am by Eileen McDermott
CLS Bank International,” outlining the effect of recent USPTO actions on patent eligibility determinations in certain technology areas most affected by the Alice decision. [read post]
17 Apr 2020, 9:24 am
By Geoff Wynne and trainee Szonja Kolbenheyer at Sullivan in London On 6 April 2020, the International Chamber of Commerce (ICC) published an urgent memorandum addressed to governments and Central Banks, urging them to take the necessary steps towards the immediate transition from mandating the use of paper-based trade documentation to recognising digital authentication and delivery of documents as a legally binding and enforceable alternative. [read post]
16 Apr 2020, 9:05 pm by U.S. Food and Drug Administration
We are having conversations now with federal partners and industry stakeholders, including food banks, to do all that we can to help ensure that safe and available food doesn’t go to waste. [read post]
15 Apr 2020, 10:58 am by Jeremy Grant, Paul Rosenzweig
. * * * Countless services, including banking, health care, government and e-commerce, depend on knowing “who is on the other side” of a transaction. [read post]
15 Apr 2020, 10:30 am by Robert Wilbert
Goldman analysts see the U.S. economy contracting 24% in second quarter, a rate nearly five times as large as bank’s previous forecast While the government wants us to spend this money to keep the wheels of commerce rolling, some banks want to seize this money to recover money owed to them by their customers. [read post]
15 Apr 2020, 5:00 am by Eileen Decker, Mieke Eoyang
While bank robberies have declined since the mid-1990s, cybercrime has increased dramatically. [read post]
14 Apr 2020, 4:59 pm by Rachel Casper
More on the federal programs for small business is available here from the US Chamber of Commerce. [read post]
14 Apr 2020, 3:53 pm by tvasil
New Jersey:  On April 10, the NJ Department of Banking and Insurance issued a press release directing Insurers to provide an emergency grace period for payment of insurance premiums for residents and businesses amid COVID-19. [read post]
14 Apr 2020, 9:29 am by Robert Chesney
Examples include cell-site location information held by telecom companies, location data collected by any number of apps that may be on a person’s phone, credit card usage data held by card providers, purchase data held by banks and so forth (parents of teenagers might pause here to think about the data held by Life360). [read post]
14 Apr 2020, 7:37 am
" This paper addressed the question as to whether banks and guarantors could seek to apply force majeure as a result of Covid-19, as a defence to non-performance. [read post]
10 Apr 2020, 3:00 am by Jim Sedor
Chamber of Commerce and the Business Roundtable, the Securities and Exchange Commission is considering new rules that could thwart efforts to mandate public disclosures of corporate political money. [read post]
9 Apr 2020, 8:24 am by Yosie Saint-Cyr
On March 30, 2020, the Ontario Superior Court of Justice (“Superior Court”) decided Fresco v Canadian Imperial Bank of Commerce, 2020 ONSC 75-a class-action lawsuit against Canadian Imperial Bank of Commerce (“CIBC”) brought by approximately 31,000 of its current and former employees of various front-line positions, such as tellers and personal bankers from a number of retail branches throughout Canada. [read post]
5 Apr 2020, 4:47 pm by INFORRM
Somaiya College of Science & Commerce, Bilal N Shaikh Mohammad, Somaiya Vidyavihar University, Mumbai Getting Big Data but Avoiding Big Brother, Rainer Schnell, University of Duisburg-Essen A Simplified Variant of a Protocol for Privacy-preserving String Comparison, NO. [read post]
5 Apr 2020, 10:18 am by Beth Graham
International Chamber of Commerce (ICC) requests for arbitration, emergency arbitration (including exhibits) to be filed with the Secretariat by email. [read post]