fines

AML Compliance Isn’t Just Banks’ Burden
AML Compliance Isn’t Just Banks’ Burden
October 17, 2019  |  B2B Payments

Regulatory pressures and market forces are pushing the world’s financial institutions (FIs) to ramp up their anti-money laundering (AML) strategies. As this month’s PYMNTS Digital...

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Apple Watch Earns Pro QB $5K Scolding From NFL
Apple Watch Earns Pro QB $5K Scolding From NFL
October 08, 2019  |  Apple

The Apple Watch has taken on numerous roles since its 2015 introduction — fitness monitor, mobile workstation, payment provider. Add another job to that list:...

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Why Libraries Are Giving Up On Late Fees
Why Libraries Are Giving Up On Late Fees
October 05, 2019  |  Retail

It has happened to all but the most organized among us. We’re minding our own business, cleaning out a closet or reorganizing the bookshelf, when it...

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FTC Commissioner Says Fines Aren’t Enough For Big Tech
FTC Commissioner Says Fines Aren’t Enough For Big Tech
September 13, 2019  |  Regulation

Rohit Chopra, a commissioner with the Federal Trade Commission (FTC), said that fining Big Tech companies won’t have any real effect on changing the way...

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EU Unconcerned About Deficit Of Big Tech Fines
EU Unconcerned About Deficit Of Big Tech Fines
July 23, 2019  |  Regulation

The European Commission says it isn’t concerned about the lack of major fines against tech companies during the first year of its General Data Protection...

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Regulators Eye ‘Excess Capacity’ In European Banking System
Regulators Eye ‘Excess Capacity’ In European Banking System
July 08, 2019  |  Regulation

In Europe, and specifically in banking, mergers – not for scale, but for efficiency? To that end, Andrea Enria, the European Central Bank supervisor, said...

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Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

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Tech Firms Push Back Against Proposed UK Content Regulations
Tech Firms Push Back Against Proposed UK Content Regulations
July 01, 2019  |  Regulation

Global tech companies like Google and Facebook have started lobbying against the U.K.’s proposed “duty of care” rules meant to prevent online harms, the Financial...

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Trump Says America Should Be Suing Tech Companies, Not EU
Trump Says America Should Be Suing Tech Companies, Not EU
June 27, 2019  |  Regulation

U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU...

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