Big Tech

US Rep. Patrick McHenry: Rushed Crypto and Big Tech Regs From Congress ‘Will Be Horrible’

US Rep. Patrick McHenry: Rushed Crypto and Big Tech Regs From Congress ‘Will Be Horrible’
US Rep. Patrick McHenry: Rushed Crypto and Big Tech Regs From Congress ‘Will Be Horrible’
October 14, 2021  |  B2B Payments

Supporters of cryptocurrency believe it to be a secure and efficient modern mode of payment, but regulators are concerned about potential risks to financial stability....

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BIS GM Raises Caution on Big Tech’s Move Into Finance
BIS GM Raises Caution on Big Tech’s Move Into Finance
October 11, 2021  |  Big Tech

Be wary of Big Tech’s increasing reach into financial services, says Agustín Carstens, general manager for the Bank of International Settlements (BIS). Get the Full...

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India’s New Payment Rules Prompt Big Tech Warnings
India’s New Payment Rules Prompt Big Tech Warnings
October 07, 2021  |  Digital Payments

Banks and Big Tech companies are warning their customers and partners in India to anticipate a wave of declined transactions as the country’s central bank...

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Google Abandons Plans for Plex User Bank Accounts
Google Abandons Plans for Plex User Bank Accounts
October 01, 2021  |  Digital Banking

Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story...

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Google Looks to Topple $5 Billion EU Antitrust Fine With Appeal
Google Looks to Topple $5 Billion EU Antitrust Fine With Appeal
September 27, 2021  |  ANTITRUST

Google on Monday (Sept. 27) launched its appeal to rescind the $5 billion antitrust fine levied by the European Union, according to a Wall Street...

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FTC Chair Lina Khan Shapes New View For Antitrust Enforcement
FTC Chair Lina Khan Shapes New View For Antitrust Enforcement
September 24, 2021  |  Regulation

The new direction for the Federal Trade Commission (FTC) was outlined with five principles in a recent staff memo from Chair Lina Khan that emphasized the oversight...

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EU Banking Authority Urges Regulators to Study Risks of Banks, Big Tech Links
EU Banking Authority Urges Regulators to Study Risks of Banks, Big Tech Links
September 21, 2021  |  Bank Regulation

The increasing links between financial institutions and Big Tech, particularly in cloud computing, is alarming — and regulators need to sit up, the European Banking...

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Data Shows Big Tech’s ‘Build vs. Buy’ Debate Favors ‘Buy’
Data Shows Big Tech’s ‘Build vs. Buy’ Debate Favors ‘Buy’
September 20, 2021  |  Acquiring

One decade.  And 616 acquisitions and hundreds of billions of dollars spent. Get the Full Story Complete the form to unlock this article and enjoy...

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Attorneys General Ask Congress to Regulate Big Tech
Attorneys General Ask Congress to Regulate Big Tech
September 20, 2021  |  ANTITRUST

A group of U.S. state attorneys general sent a letter to lawmakers to urge them to pass bills to make antitrust laws stronger, Reuters reported....

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