Congress

Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
November 02, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) plans and other financial innovations, such as earned wage access (EWA), have the potential to broaden financial access for underserved...

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Congress’ Letter to Amazon Questions Statements Made Under Oath
Congress’ Letter to Amazon Questions Statements Made Under Oath
October 18, 2021  |  Legal

Five members of Congress sent a letter to Amazon CEO Andy Jassy asking for proof regarding some statements made by company executives — including then-CEO...

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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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National Restaurant Association Urges Congress to Replenish Relief Fund In Response To Delta Variant
National Restaurant Association Urges Congress to Replenish Relief Fund In Response To Delta Variant
August 24, 2021  |  Restaurant Roundup

Restaurants are in danger — that is the message that the National Restaurant Association is communicating to Congress through an open letter sent Tuesday (Aug...

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US Senators Press Amazon On Palm-Recognition Security
US Senators Press Amazon On Palm-Recognition Security
August 13, 2021  |  Amazon

Three U.S. senators — two Democrats and a Republican — have asked Amazon to provide details about privacy and security protections for its new Amazon...

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Bipartisan Open App Markets Act Targets Google, Apple App Stores
Bipartisan Open App Markets Act Targets Google, Apple App Stores
August 13, 2021  |  Regulation

The U.S. House of Representatives is aligning with the U.S. Senate in support of a bipartisan bill that specifically targets the app stores run by...

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Crypto Regulation Fuels Debate Over Infrastructure Bill
Crypto Regulation Fuels Debate Over Infrastructure Bill
August 06, 2021  |  Cryptocurrency

The quandary over cryptocurrency is reaching new levels of disagreements as the bipartisan $1 trillion infrastructure bill comes to a crossroads over a provision that...

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FBI To Congress: Banning Ransomware Payouts Could Backfire 
FBI To Congress: Banning Ransomware Payouts Could Backfire 
July 28, 2021  |  Security & Fraud

Approaches to ransomware payoffs are getting a lot of attention from government agencies, cybersecurity firms and think tanks, but the FBI has now handed down...

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Big Tech 6-Pack Of Antitrust Regulation Moves Forward In Congress
Big Tech 6-Pack Of Antitrust Regulation Moves Forward In Congress
June 24, 2021  |  ANTITRUST

After a full day and most of a night’s worth of heated debate, the House Judiciary Committee has voted to approve legislation aimed at curbing...

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